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Wilbert
Wilbert I.'s main source of income comes from fattening pigs for sale. He is 23 years old, married and has one small child. They are from the village of Brgy. Curifang, Solano, Nueva Vizcaya. Wilbert has been in his business for over four years and earns approximately 4,500 Philippine pesos (PHP) when he sells one of his pigs.

In 2010, Wilbert joined ASKI to gain access to financial services to help improve his living conditions and enable him to engage in business activities. Wilbert is requesting a loan of 12,000 PHP which will be used to purchase livestock feed and other supplies. This will be his first loan from ASKI. He plans to use additional income to financially support immediate members of his family.

About ASKI:
ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 branches covering the central and northeastern areas. Its clients are mostly farmers, fisherfolks and small entrepreneurs.

Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 1475
    View loans »
    Philippines Loans Fundraising
  • $56,573,625
    Funds lent in using Kiva
  • 44.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Wilbert to purchase livestock feed and other supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 17, 2010
Listed
Dec 27, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011