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Dionicio
Dionicio is 55 years old and married with three children. He is a loving and hardworking person. Dionicio has grown rice for the past 25 years. At first, he found it difficult to work on the land, because it requires a lot of patience, a strong body, and, of course financial resources. But as he began to farm, he gradually got used to the work and added a plot of land to grow rice.

Dionicio is requesting a 50,000 PHP loan to buy seed, fertilizer, and tractor fuel to increase his crop production. He wants to provide a better life for his children and be able to feed them well. He continues to move forward to achieve his dream of having a comfortable life. Dionicio hopes that his loan will result in a more a more productive farm and that he will be able to continue his business and improve his lifestyle.

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
  • 225
    View loans »
    Philippines Loans Fundraising
  • $53,045,000
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Dionicio to buy seed, fertilizers, and tractor fuel.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 15, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012