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Dionicio is 41 years old. He is married and has two children. They live in La Paz, where he manages their rice field.

Dionicio has worked on his farm for twenty-five years. His wife is also engaged in a hog-raising business for extra income. They are both thankful because the income they generate from their businesses has helped them to provide for their daily needs and to be able to continue sending their children to school.

Now, Dionicio is requesting a loan of 38,000 PHP to purchase rice seedlings and fertilizers for his rice farming business. He hopes that he can get the amount he requested and promises to repay the loan on time.

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

  • $7,000
    Average annual income
  • 581
    View loans »
    Philippines Loans Fundraising
  • $69,906,675
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Dionicio to purchase rice seedlings and fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Apr 13, 2012
May 1, 2012
Currency Exchange Loss:
Nov 19, 2012