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Serapio is a 56-year-old man who breeds pigs and sells them for meat. He has four years of experience in this field. Serapio is an hardworking and very patient person and lives with his family in Binarzang province of Isabela. He has three grown up children.

Together with his wife and children, Serapio looks after his pigs. His monthly income is PHP 1,500 and he would like to increase it to PHP 5,000. For this purpose, he needs PHP 10,000, which he will spend on buying feed and vitamins for his pigs.

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
  • 713
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Serapio to buy feed and vitamins for his hog business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Dec 28, 2011
Feb 1, 2012
Currency Exchange Loss:
Jun 22, 2012