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Probo
Probo is 33 years old, married and has two school aged children. His wife is a teacher who already has nine years in this service. Probo has run a hog raising business for almost seven years. He has five sow and seven pigs for fattening.

Probo is requesting a loan of P25,000 to buy feed for the maintenance of his pigs. He needs additional capital to cope with the increasing price of feed nowadays. He plans to improve his practices in taking care of his sow to gain higher profits through the piglets he sells. Probo says that this will help him uplift their living.

Probo dreams to finish their children's education till college. He has no other wealth to give to his children, other than education.

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
  • 1459
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Probo to buy feed for his pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 22, 2011
Listed
Sep 29, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012