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Donero
Donero is requesting a loan of 20,000 Philippines pesos (PHP) from lenders. He will purchase agricultural supplies like fertilizers, rice seeds, and pesticides. He will also use part of the loan to pay for the labor cost spent in farming and snacks or food for his helpers in the farm labor.

Donero is 46 years old, is married, and has six children. He lives in the village of Antagan with his family. According to him, its not easy to have six children, especially when they are all attending school, for a farmer like him. His wife used to budget their daily immediate needs and allowances of their children. Truly, his income in farming is not enough. He hopes that with this financial assistance, he will keep improving his rice crop production.

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
  • 1528
    View loans »
    Philippines Loans Fundraising
  • $56,672,675
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Donero to purchase agricultural supplies like fertilizers, rice seeds, and pesticides, and to pay the labor costs of farming and snacks or food for his helpers in the farm labor.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014