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Dominador is a father who owns and manages a rice farming business in his community. This is the main source of his family's living. He aims to improve his farming business and to earn a sufficient income to satisfy his family's needs and finance the education of his three children. He wants his children to earn a degree so that they will be employed someday. Due to financial difficulties, Dominador wants to ask for an additional capital of P15,000 to buy fertilizer, pesticides and pay the labor cost incurred in planting rice. He mentioned that the loan will help him improve his rice farming business and he is hoping that he will become successful in the future.

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
  • 1626
    View loans »
    Philippines Loans Fundraising
  • $60,717,100
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Dominador to buy fertilizer, pesticides and pay the labor cost incurred in planting rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 18, 2012
Jun 1, 2012
Currency Exchange Loss:
Nov 19, 2012