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Emmanuel
Emmanuel is 54 years old and married with three school aged children. He is a farmer. He plants corn in the Philippines. His wife is a housekeeper and his partner in caring for their family. Emmanuel’s wife plants and harvests various vegetables that serve them as an alternative source of income for the family.

To further cover their family's needs, especially his children's needs in school, Emmanuel decided to start up another source of income that he believes will be a great help for his family to improve their living situation. Now, Emmanuel runs a hog raising business. Due to a financial shortage, he cannot buy the full amount of feed needed for the maintenance of his hogs. This will affect their growing and weight.

Emmanuel is requesting a loan of P22,000 to buy stocks of feed for the maintenance of his hogs. The loan will be a big help for him because he is able to buy sacks of feed in the market. It will minimize his fare expense of going to the market.

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
  • 623
    View loans »
    Philippines Loans Fundraising
  • $53,367,175
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Emmanuel to buy stocks of feed for the maintenance of his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 28, 2011
Listed
Oct 15, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012