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Bonifacio
Bonifacio says "To serve your family with the whole heart, is the most precious give for them". He is 48 years old from Benito Soliven province of Isabela.

Bonifacio has managed their farm for almost 5 years together with his wife Nolie. Farming is the only way for them to live, that's why he managed it well so that he can care for the needs of his family. He is requesting a loan in the amount of PHP 40,000 to buy seeds, fertilizer, and pesticide for his farming business. Bonifacio hopes that his business expands so that he can provide for the daily needs of 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
  • 272
    View loans »
    Philippines Loans Fundraising
  • $50,694,625
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bonifacio to buy seeds, fertilizer and pesticide for his farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 14, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2013