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Jonathan
Jonathan grows rice crops on his one hectare of farmland. He has run this kind of business for four years. Aside from farming, he has also engaged himself in a livestock business.

He is a widower who has been blessed with two children. He is an ex-Overseas Filipino worker (OFW) of Saudi as an electrician supervisor, but since his wife died due to stroke, Jonathan decided to stay with his family here in the Philippines. He acts as both the father and mother to his two children who are currently studying at this time. He aspires to have a viable source of income so he could let his children finish their studies.

Jonathan would like to request an additional capital amount of PHP30,000, allowing him to buy necessary fertilizer and to pay hired laborers for transplanting. He just hopes that his farming business will continue to improve so he could earn greater income for his family's needs.

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
  • 373
    View loans »
    Philippines Loans Fundraising
  • $52,115,200
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Jonathan to pay hired laborers for transplanting and to purchase fertilizer for his rice field.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 20, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2013