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Jose
Jose believes that the future depends on what we do in the present. He is doing his best for the better future of his family. Jose is 49 years of age, married and has five children. He has been managing a hog-raising business for five years.

Jose's profits from the business depend on the weight of the pigs. He can sell his hogs within four months of taking care of them and gain PHP 2,000 each. He can gain a higher income from the business if he gives the exact amount of feed for his pigs. Jose is asking for financial support of PHP 20,000 to buy feed for the maintenance of the hogs he raises. He believes that the loan will be a big help to gain a higher income from the business. His profits will serve as payment of his children's fees in school.

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
  • 1255
    View loans »
    Philippines Loans Fundraising
  • $57,871,450
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jose to buy feed for his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 16, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012