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Dickson
Dickson is 23 years old and married, but has no children yet. He and his wife aim to become successful and financially stable in order to have a better life. Since farming is the main source of their income, Dickson plans to expand his rice farm to ensure a high production and yield. With that goal, Dickson wants to ask for a loan of 20,000 PHP (Philippines pesos) from Kiva lenders. He will use the loan to buy fertilizers and pesticides needed in rice farming. Through patience and hard work, he believes that he will be going to improve his farming business and increase his production this coming harvest season.

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
  • 995
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Dickson to buy fertilizers and pesticides needed in rice farming.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 30, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013