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Bread delivery and hog raising are Henry's main sources of income. His daily net income is Php 500.00. He wants to take a loan of PHP 9,000.00 because he will use it for the additional needs of his business. He wants to buy more bread to sell to gain more income. He is also a part time electrician in their baranggay. According to him, he will do his best in order to meet his family needs and he will pursue his businesses in order to have a bountiful and productive life.
He has been married to Rosal C. for almost six years now, and they are blessed with three children. Hansel, 14, is a second year high school student; John Rey, 11, is in grade four; and Veronica, 9, is in grade two. They reside in the village of Calaocan, Cabatuan, Isabela, a rural area. Their house is near the Day Care School and the national highway. He hopes that KIVA lenders will grant his loan to pursue his business to become profitable.

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
  • 1045
    View loans »
    Philippines Loans Fundraising
  • $63,421,500
    Funds lent in using Kiva
  • 46.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Henry to buy more bread to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 28, 2009
Nov 12, 2009
Currency Exchange Loss:
May 15, 2010