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Jackmar
Jackmar is a farmer who is raising his family in a village. He is 41 years old and has two school-age children. As a responsible father, he aims to improve their living status and give his family a bright future.

To earn a living, he planned to plant more vegetables for sale. He has been in this business for almost 15 years and usually earns a profit of 18,000 Philippines pesos in every harvest season. He utilizes his earnings for the family's daily consumption and the allowance of his children in school.

To improve his farming business, he is asking for an additional 20,000 Philippines pesos to buy fertilizers and insecticides needed for the maintenance of his vegetable production. He believes that someday, he will increase his production and income as he continues to work hard and strive harder.

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
  • 1397
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jackmar to buy fertilizers and insecticides needed for vegetable production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 17, 2012
Listed
Aug 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013