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Vicmar
Vicmar admits that his career path means a lot of hard work and patience. He is 32 years old and a single man. He is the youngest among his three siblings, so he lives with his parents.

Vicmar plants rice on his two hectares of farm land. Since it's planting season, he makes sure that his farm plot is well prepared with complete essential nutrients enabling him to obtain a plentiful harvest this next crop season. Vicmar struggles from insufficient funds so he is asking for a loan of PHP 30,000 which will be used to prepare his two hectares of rice fields, and for buying farm supplies. He knows that through this loan he could further improve his financial stability and have a comfortable living condition.

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
  • 1314
    View loans »
    Philippines Loans Fundraising
  • $57,936,400
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Vicmar to prepare his land and to buy farm supplies for his farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 9, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013