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Dante
Dante is a 39-year-old farmer. He has been planting and harvesting rice for over 10 years now. He sustains his family through his income from selling the raised crops. He has six children, and two attend school. Dante would like to improve his crop; that is why he is asking for a loan to invest in his rice field. He is asking for PHP 20,000 to buy rice seeds, fertilizers and pesticides to use on his farm. He hopes to keep achieving abundant harvests to maintain the business and generate good profits for his family.

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
  • 362
    View loans »
    Philippines Loans Fundraising
  • $50,877,675
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Dante to buy rice seeds, fertilizers and pesticides to use on his farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 15, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013