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Danilo
Danilo is kind and patient man who lives in Estefania with his family. He enjoys his work in his farming business though he encounters some hardships in maintaining his cornfield, especially when drought or flood occurs. He plants and harvests corn and sells it to traders in the village.

In order to keep producing good harvests, Danilo is now asking for a loan of 40,000 Philippine pesos (PHP) to buy corn seeds, fertilizers, and insecticides to use to maintain good crop standing. He would like to use this to earn more income.

He has four children that attend school, and he aims to keep producing good output for their college education.

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
  • 1394
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Danilo to buy corn seeds, fertilizers, and insecticides to use to maintain good crop standing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 18, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012