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Meldante
Meldante is 26 years-old, married and has two children. For the last five years, he has had a hog-raising business. He earns about P2,500 per piglet. At present, Meldante wants to borrow a loan with a total amount of P10,000 in order to purchase feed, vaccine and vitamins for his hogs. He hopes that he can get the amount he requested to further growth of his business.

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
  • 357
    View loans »
    Philippines Loans Fundraising
  • $50,755,825
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Meldante to purchase feed, vaccines and vitamins for his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013