The final set of “typhoon” loans to the Philippines and Cambodia

Fe Erma Aragones lost her fish pond during Typhoon Ondoy

Fe Erma Aragones lost her fish pond in Typhoon Ondoy

Fe Erma Aragones lives with her husband Biato Aragones and their three children Emilio, Ana Marie and Angelica in Binangonan, a village in the North of the Philippines province of Rizal. She says their children, and their new grandchildren are really their blessing and the reason they strive hard to fight against poverty.  Because of their work, all of their children could graduate from college, and found work now.

Fe and Biato have a fish pond in the sea. When Typhoon Ondoy entered Rizal, their fish pond was damaged. The level of water in the sea got that high all the fish inside the fish pond were lost. They wanted to repair the fish pond and expand it. They also needed new funds to buy fishlings they can raise until it is ready for harvest.

Fe asked for a loan of US$950, repayable over 14 months. We allocated a loan of US$25 to her, as part of our project to help microfinance entrepreneurs in the Philippines, Cambodia and Vietnam recovering from the recent typhoons.

Over the past month, we allocated $1,825 to this project. Friends from The Road’s lending team contributed another US$730, bringing the total of new loans after the typhoons to US$6,055. This matches the total amount we raised through this post.

The project balance:

My contribution 3,750
Donation by E 300
Donation by Diana 1,000
Donation by Liz 100
The Road’s team 905
total: 6,055

The microfinance loans I allocated this month:

Loans on Kiva: how to get started

Our social project uses Kiva to allocate microfinance loans to entrepreneurs all over the world. Kiva explains pretty clearly how THEY do the job, but here I’ll get YOU started to allocate loans too.

The principle is very easy:

  • Once you registered in Kiva (see below), you can choose an individual entrepreneur in any of the countries or sectors (agriculture, clothes, construction) you want to allocate a loan to.
  • You can allocate a loan as small as US$25. A loan can be paid either through your PayPal account or can be charged to your credit card.
  • Over time, the entrepreneur will pay back your loan. Once per month, you will be advised of the amount paid back to your account.
  • You can choose then to either redraw the refunded money, or reinvest it in new loans.

Step 1: Register with Kiva

  1. Go to
  2. Click on “Register” in the top right corner
  3. Fill in all the fields in the registration form
  4. Click on the “Register” button

Step 2: Register as a member to “The Road” lenders team

  1. Go to The Road’s Lenders team page
  2. Click on “Join Team”
  3. You are now an official member of our Lenders team!

Step 3: Start allocating loans

  1. While you are logged in, click on “Lend” in the menu bar
  2. Choose your entrepreneur either by selecting the criteria from the side menu (“Gender”, “Sector”, “Region” etc..) or type in a country in the “Search” bar.
  3. Once you found an entrepreneur, either click on “Lend $25″ or click on “more” to see the full details or to allocate a larger amount
  4. Repeat this step until you have allocated all loans you want. Then click on “My Basket” in the top right menu.
  5. While viewing your basket, make sure you select “The Road” in the “Count towards team” drop down menu bar.
  6. At the bottom of your loans, you can select how much you want to contribute to Kiva’s operational costs. Click ‘Edit’ to change the amount. You also the option not to contribute anything to the Kiva overhead.
  7. Click on “Continue”
  8. Now you will get the overview page of all pending loans in “your basket”. Click on “Pay now”
  9. This will bring you onto the payment screen:
  10. Either pay with your credit card or using your PayPal account. Note that PayPal will not charge you any overhead cost for this transaction
  11. Complete the transaction and you will be brought onto final screen of your loan(s). Now you can post this loan (or these loans) to your Facebook profile, or forward it by Email to your friends, or just do nothing.
  12. Congratulations, you have now allocated your first loan(s) to Kiva!
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