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Nicasio is 59 years old, married, and lives in the village of Iguig.

To make a living, Nicasio plants and harvests rice for food consumption and sale to traders. He also hires additional laborers who help him in planting and harvesting rice crops. Nicasio is taking out a loan in order to meet all the needed inputs in farming and labor costs, UREA(fertilizers), and insecticides for his farming. He had been a farmer for many years.

He aims to increase his crop production every harvest season. Nicasio is also hoping to become a successful farmer someday and somehow provide a better life to his family through his farming.

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
  • 387
    View loans »
    Philippines Loans Fundraising
  • $69,621,575
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Nicasio to buy farm inputs (UREA-fertilizers, insecticides) to use in farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Sep 10, 2013
Sep 20, 2013
Currency Exchange Loss:
Mar 17, 2014