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Cirilo D. is from the village of District 1. He is 56 years old. Cirilo is married and has five school-aged children.

To make a living, Cirilo raises livestock, primarily pigs, for breeding. Cirilo has been engaged in his business for over 17 years and earns approximately 5,000 PHP a month for these activities.

In 2011, Cirilo joined ASKI to gain access to financial services to help improve his business and living situation. Cirilo is requesting a loan of 25,000 PHP, which will be used to purchase livestock feed and other supplies. This will be the first loan taken out by Cirilo from ASKI. He plans to use the additional revenue generated from the business to improve the general living conditions 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, fisherfolk 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

  • $7,000
    Average annual income
  • 1857
    View loans »
    Philippines Loans Fundraising
  • $61,010,950
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Cirilo to purchase livestock feed and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Mar 18, 2011
Apr 18, 2011
Currency Exchange Loss:
Aug 16, 2011