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Macario
Macario and his wife enjoy performing farm activities. This couple is peacefully living with their four children.

Macario is industrious and has patience in everything he does. He really appreciates his family because each one of them have their own assigned work to perform within their house. So, he has a great time cultivating his farm land. It's been ten years of sacrifices he has devoted to this field of business.

Macario would like to increase his profits to be able to obtain a better standard of living but his capital is not sufficient to pay for the labor involved in land preparation, transplanting and buying seeds to grow. In this situation, he is asking for a loan of PHP 40,000. He hopes have continuous access to financial support to be able to succeed.

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
  • 241
    View loans »
    Philippines Loans Fundraising
  • $52,051,625
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Macario to pay for the labor involved in land preparation, transplanting and buying seeds to grow.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 29, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012