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Jorge
Jorge, 42 years of age, is single and a father of 3. He's engaged in a livestock business, particularly hog-raising. He's been in this business for almost 6 years. He also has a rice mill. His net income every three months is 30,000 PHP. He's asking for a loan of 35,000 PHP to purchase some hogs to raise. He is glad that his business income is now enough to support his children's education. 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
  • 291
    View loans »
    Philippines Loans Fundraising
  • $52,099,125
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Jorge to purchase some hogs to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 27, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011