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Dexter
Dexter is 35 years old, married, and his family lives in Padul. Dexter obtains income through rice farming. He plants and harvests rice to sell to traders.

As a farmer, he uses his net income from the previous harvest for the next planting season. Dexter only gained minimal income from his previous harvest, and that is why he is now asking for additional capital of 50,000 PHP (Philippine Pesos) to buy insect killer, herbicides, and fertilizers used in farming. This will help fight pests that will destroy and affect his crop's growth.

Someday, Dexter hopes to achieve a fruitful harvest so he will pay back his loan from the organization on time. He hopes to save funds for his family’s emergency purposes too.

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
  • 355
    View loans »
    Philippines Loans Fundraising
  • $50,950,400
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Dexter to buy insect killer, herbicides, and fertilizers used in farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 13, 2014
Listed
Jul 16, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014