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Norberto is 44 years old and married to Norma, who is a mother who always takes care of her three children. Norberto is involved in planting and harvesting corn for sale. He has been in his business for 30 years. He usually received a net income of 30,000 PHP every harvest season.

Right now, Norberto wants to borrow a loan amounting to 35,000 PHP to buy farm inputs such as fertilizer and corn seed and pay the labor cost for planting corn. He hopes that he can get the amount he requested for the further growth of his business.

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
  • 462
    View loans »
    Philippines Loans Fundraising
  • $69,701,375
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Norberto to buy farm inputs such as fertilizer and corn seed and pay the labor cost for planting corn.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 16, 2012
Jun 4, 2012
Currency Exchange Loss:
Dec 15, 2012