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Rolly is 31 years old, an elementary school graduate who has no opportunity to finish his education due to poor living conditions.

In spite of this, he still has the courage to develop his own family. As of now, he is married to Mila and is living through her farming. He is working hard for this source of income because he is preparing for future children. He wants to exceed current profits for his children. For this reason, he is asking for a loan amount of 20,000 PHP to buy seeds to plant, fertilizers and pesticides. He hopes that he can yield and earn a higher income than he is used to for his children's future. He also hopes to save money for his continuing 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
  • 394
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rolly to buy seeds to plant, fertilizers and pesticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 26, 2012
Aug 4, 2012
Currency Exchange Loss:
Jan 19, 2013