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Soriano
At age 45, Soriano has four school-age children, and his oldest child is already beginning a college-level education. Soriano is a farmer, and his wife is a housekeeper. He works hard and strives just to feed his family and to provide a good quality of life.


Soriano has operated his hog raising business for almost five years, but it is not steady because of a lack of financial resources. For this reason, Soriano is requesting a loan of 15,000 PHP to buy piglets to raise. He wants his hog raising business to be a stable business aside from farming and to be able to fulfill his responsibility to 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

  • $7,000
    Average annual income
  • 1309
    View loans »
    Philippines Loans Fundraising
  • $57,977,325
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Soriano to buy piglets to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012