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Johnny is hardworking and is a patient father to his two children. He is 51 years old and is married to Emelita. He is thankful because, though he was only able to finish elementary school, he is able to effectively manage his hog-raising business.

He is aiming to buy additional feed stocks because his hog-raising business is far from the market, yet he has insufficient capital to do so. As a result, he is asking for a loan amounting to 10,000 PHP, which would be used to feed his piglets well. In this regard, he could sell his pigs for higher prices, which would in turn allow him to improve his family's standard of living and to save some money for emergency purposes.

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
  • 863
    View loans »
    Philippines Loans Fundraising
  • $63,390,150
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Johnny to purchase additional feed for his hog-raising business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Aug 24, 2011
Sep 19, 2011
Currency Exchange Loss:
Feb 15, 2012