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Pepe lives in the town of Annafatan with his wife Virginia and their four children. He is 48 years old and has made a living as a farmer for more than 20 years. He had not been able to secure a better job because his education ended after high school. Once he graduated, he began planting and harvesting corn for sale. He would like to improve his cornfield, so he is asking for a loan of PHP 30,000 to buy corn seeds, fertilizer and insecticides. He hopes to grow a healthier and larger crop and earn enough money to pay his children's school fees.

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
  • 379
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Pepe to buy corn seeds, fertilizer and insecticides for his farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 26, 2012
Aug 1, 2012
Currency Exchange Loss:
Feb 15, 2013