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Dominador
Dominador is a responsible father who lives happily with their six children in a village. He has been a farmer for almost 30 years, planting and harvesting rice for sale. Every cropping, they usually earn a net profit of 25,000 Philippines pesos (P), which they utilize for food, clothing and the school fees of their children.

He plans to continue sending all his children to school, for he doesn't want them to be like him. He didn't finish his studies, and he doesn't want them to experience the hardships that he suffered. At this time, he endures hardships and problems, for he wants to support their education.

He aimed to increase his rice production to earn a higher income for the sake of his family. He wants to ask for a loan of P12,000 to buy fertilizers and pesticides to sustain his rice production. He believes that this coming harvest season, he will increase his yields and income. He mentioned that he needs to work hard and strive harder to make his dream come true.

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
  • 1247
    View loans »
    Philippines Loans Fundraising
  • $57,895,900
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Dominador to buy fertilizers and pesticides for rice production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012