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Arturo is 55 years old and lives in Rizal. He has two children, Aldritz and Bernadette. Arturo works as a tricycle driver in their village. He gives at least 200 PHP per day to the tricycle owner as his boundary, and the rest of his income is for his family. Aside from working as a tricycle driver, Arturo is also busy on his farm where he plants and sells vegetables for extra income.

He wants to borrow a loan of 26,000 PHP that he will use for cultivating his vegetables. He is hoping that through his business he can provide a better life for his family, and hopefully he can have his own motorcycle in the future.

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
  • 391
    View loans »
    Philippines Loans Fundraising
  • $69,611,525
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Arturo to buy additional vegetables and fruits for his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 25, 2012
Nov 1, 2012
Currency Exchange Loss:
May 24, 2013