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Donato
Donato has operated his two hectares of rice fields for almost 16 years. He is 41 years old, married to a midwife and has one child. Donato grows agricultural crops within the local community he lives. He is an industrious and responsible man. He mainly sows rice crops and then sells them on the market.

Donato said that working on the land requires effort and patience to be able to obtain a good production of crops. He and his wife work hard to earn a living. His wife is his partner in his farming activities. He really enjoys performing his farm activities because through this business, he could get a bigger income for his life. Donato would like to improve his crop production, but he has insufficient funds to buy inputs. With this regard, he is asking for a loan amounting to PHP 50,000. He is hoping that through his loan, he could improve his farming practices which will enable him to increase his yields, and thus he could provide for his family's needs and educate his only child.

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
  • 294
    View loans »
    Philippines Loans Fundraising
  • $52,849,300
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Donato to buy farm inputs for his rice field.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 16, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012