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Edgar is 41 years old, married and has four children. Three of them attend school. To give sustenance for his family, he patiently raise crops to sell. He is a rice grower in the village where they live. From his two hectare rice field, he generates about 20,000 Philippine pesos (PHP) each harvest season (twice a year). It goes for meals, allowances and bills at home. Shirley, his wife, raises hogs as a business. Together, they work hard for the family's sustenance.

Now he is borrowing a loan of 50,000 PHP for maintenance of the farming business. He will buy eight bags of UREA (fertilizers) and pesticides used in farming. This way he will ensure good crop growth. He hopes to produce an abundant harvest to increase his earnings.

Edgar's main goal in life is to give the best education for his children and someday achieve a fortunate life for his family.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $7,000
    Average annual income
  • 408
    View loans »
    Philippines Loans Fundraising
  • $66,089,900
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Edgar to buy eight bags of UREA (fertilizers) and pesticides used in farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 11, 2012
Jun 1, 2012
Currency Exchange Loss:
Nov 19, 2012