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Noel
Noel is 44 years old and married. He and his wife are blessed with 2 children. Noel has been in livestock business (hog-raising) for almost 15 years. His net income last month is 11,000 PHP. He is requesting a loan for 23,000 PHP to purchase additional feed for his hogs. He would like to continue receiving loans to aid the growth of his business and generate profits to invest in the future.

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
  • 341
    View loans »
    Philippines Loans Fundraising
  • $50,739,475
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Noel purchase more feed for his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 22, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011