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Severino
“You will win through ambition and perseverance,” is the expression of a 50-year-old man who is engaged in raising poultry, such as ducks and chickens. He believes this is true because most of the highly successful people he knows are ambitious and persevere. He hopes that someday he will be one of those people. Through his ambition and perseverance, he hopes to lift his family from the difficulty of life.

Aside from his poultry business, he is also engaged in farming. He is able to work in both of these occupations through his perseverance. He dreams of expanding his poultry business so he is requesting a loan of PHP5,000 to buy ducks and chickens. Part of the loan will also be used to build a shelter for his poultry.

He hopes to win this battle of improving their living conditions and in satisfying this gift of life that God has given to him.

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
  • 1142
    View loans »
    Philippines Loans Fundraising
  • $54,688,850
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Severino to buy ducks and chickens.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Sep 8, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012