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Aquilino works hard to earn a living. He is a man who is full of hopes for his family. He has been managing his two and a half hectares of rice fields for more than 15 years. He is married and blessed with six children; three of them are married, two are still studying, and one is working.

Aquilino is requesting a loan of PHP 15,000, which will be used to buy certified seeds as well as to prepare the land on his rice farm. He hopes that this loan will be granted so he can develop 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
  • 323
    View loans »
    Philippines Loans Fundraising
  • $65,979,775
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Aquilino to buy certified seeds and prepare the land on his rice farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 18, 2012
Nov 6, 2012
Currency Exchange Loss:
Apr 22, 2013