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Abraham
Abraham is 55 years old and married with four school-aged children. He is a farmer working in the Philippines who earns approximately PHP 10,000 each month. Abraham is asking for a loan of PHP 45,000 to buy hog feed and other supplies. He has been doing this business for 23 years. Abraham wishes to maintain his business to provide his children needs in school and the basic necessities of his family.

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
  • 1103
    View loans »
    Philippines Loans Fundraising
  • $54,704,675
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Abraham to buy hog feed and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 19, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011