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Manuel prepares his one hectare of farm land to be cultivated and planted with rice crops. According to him, the income generated from his previous harvest was not enough due to some calamities. For this reason, he is asking for financial support from Kiva lenders through ASKI, to provide him with additional working capital to recover his loses from the last crop season.

So he is asking for a loan of PHP 25,000 to buy seeds and fertilizer and to pay for the cost of laborers to prepare his farm plot for planting. He hopes that he will gain more profit this next harvest season so he will be able to educate his three children and improve their way of living.

Manuel hopes and prays that he will acquire more farming skills so as to be able to succeed.

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
  • 343
    View loans »
    Philippines Loans Fundraising
  • $70,737,375
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Manuel to buy seeds and fertilizer and to pay for the cost of laborers to prepare his farm plot for planting.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 29, 2012
Jun 1, 2012
Currency Exchange Loss:
Nov 19, 2012