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Jeffrey has been involved in agriculture for two years. He cultivates rice. Sales of agricultural products give Jeffrey an income that is hardly enough for covering the family's costs. His family consists of his wife and himself.

As agriculture helps Jeffrey to maintain a stable income during the month and sustain his family, he would like to enlarge his agricultural business. He has requested a loan amounting PHP 21,000 to pay for fertilizer and cover cultivation costs.

Jeffrey hopes that the loan will help him to earn a higher income, and he will be able to ensure a better life for his family.

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
  • 474
    View loans »
    Philippines Loans Fundraising
  • $69,645,400
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Jeffrey to pay for fertilizer and cover cultivation costs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Apr 18, 2013
May 21, 2013
Currency Exchange Loss:
Oct 23, 2013