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Tristan is the second child in the family. He did not finish his studies due to lack of financial resources. He belongs to a family whose main source of income is a farming business. Though he didn't finish his studies, he is still grateful because he is able to run his family's farm.

Tristan's priority is to earn a bigger income to sustain his family's basic needs, improve their house, and send his niece and nephew to school. To make his dream happen, he would like to take out a loan amounting to PHP 50,000, allowing him to buy farm inputs that will be used to increase his rice crop production. He believes that, in this way, he can earn greater profits which will serve his family's needs and provide capital for the next crop season.

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
  • 333
    View loans »
    Philippines Loans Fundraising
  • $70,661,000
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Tristan to be use in buying farm inputs for his agricultural business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 23, 2012
Jun 1, 2012
Currency Exchange Loss:
Nov 19, 2012