Check out some available loans that are similar to this one!
Federico is a motocycle operator and provides transport services to the people in his village and to nearby communities, too. He is 44 years old, married, and has children attending school. He is now asking for 7,000 PHP to buy tires and gasoline for his motorcycle. He usually earns 3,000 PHP a month.

He hopes to improve his income and provide for his family's needs by continuing to provide safe transport services to all his passengers. In particular, he wants to earn enough to pay school fees for his children and help them succeed professionally in their chosen careers.

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
  • 451
    View loans »
    Philippines Loans Fundraising
  • $69,660,550
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Federico to buy tires and gasoline for his motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 29, 2012
Sep 21, 2012
Currency Exchange Loss:
May 24, 2013