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Eddie
Eddie is 53 years old and is married to a housekeeper. He has four children who are currently in school and hope to become professionals some day. Eddie is a farmer working in the Philippines, whose main crops are rice and corn. He also manages a hog-raising business. Eddie works hard and provides moral and financial support so that his children can finish their education through university and get married after graduation.

Eddie is requesting a 15,000 PHP loan to buy additional piglets to raise. His business goal is to improve his income from all of his businesses. Eddie will always support his children so that their goals become realities.

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
  • 1262
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Eddie to buy piglets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 21, 2011
Listed
Aug 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012