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Francisco is a 59-year-old who focused himself on his farming business. He needs to be determined in his business in order to gain more profits.

Now he is requesting a loan of 10,000 PHP that will be used in promoting his farming business. It would be utilized to purchase four bags of fertilizers, insecticides and two sacks of seeds. These inputs are great in developing his business that will possibly bestow on him and his family a higher income. Hopefully lenders will approve his desired loan.

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
  • 400
    View loans »
    Philippines Loans Fundraising
  • $69,611,525
    Funds lent in using Kiva
  • 45.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Francisco to purchase four bags of fertilizers, insecticides and two sacks of seeds.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jan 8, 2014
Jan 28, 2014
Currency Exchange Loss:
Jul 17, 2014