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Jerry
Jerry is 24 years of age and is newly married. He is in the hog raising business, primarily raising pigs for breeding. He has been in this business for almost two years and earns an average income of P5,000 monthly. Jerry’s wife is a housekeeper and his partner in managing his business.

Jerry dreams of maintaining and developing his business to earn higher income. He plans to improve his strategies in managing his business. He is asking for a loan of P30,000 to purchase feed for the maintenance of his hogs. Jerry believes that this loan will help him to attain his dreams.

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
  • 956
    View loans »
    Philippines Loans Fundraising
  • $54,415,025
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Jerry to purchase feed for the maintenance of his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 9, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012