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Diosdado
Diosdado farms for a living. He and his wife cultivate their land to grow rice crops to sell. He is 46 years of age and married to Eliza, who raises hogs. They are blessed with three children and one adopted child.

Diosdado does his best to keep their farm productive. He has been working in this kind of business for seven years. Determined to have a better way of life, he applied for a loan in the amount of PHP 35,000 so he and his family can fund their farming business. He will use the loan to purchase seeds, fertilizers, and other farming materials. He knows that through this loan, his yield and income will increase, so he hopes that his loan request will be granted.

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
  • 1360
    View loans »
    Philippines Loans Fundraising
  • $56,534,775
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Diosdado to purchase seeds, fertilizers, and other farming materials to improve his rice crop production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 8, 2012
Listed
May 10, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012