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Danilo
"You will never succeed unless you try your best," says Danilo, a responsible father who has four adult-age children. He has owned and managed a 1.5 hectare rice field for almost 38 years, earning a profit of 30,000 PHP per crop. As the fruit of his patience and hard work, all of his children have already graduated, and they are now employed.


Now he is always busy, for he has been chosen as the captain of his barangay. Despite this, Danilo wants to continue managing his rice field to earn money and save for his future. Therefore, he wants to ask for a loan of 40,000 PHP to buy fertilizer and pesticides and for labor to sustain his rice production. He is hoping that he will increase his production and income to be used for food and clothing and to save for future emergencies.


Danilo believes that he will be successful in carrying out all his plans, for he has strong faith and determination.

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

  • $1175
    Average annual income
  • 323
    View loans »
    Philippines Loans Fundraising
  • $52,172,975
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Danilo to buy fertilizer and pesticides and for labor to sustain his rice production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012