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Bernardo
Bernardo is 59 years old. He breeds and raises pigs and has been in business for the last ten years.

He is married and has one kid.

Bernardo buys piglets, raises and fattens them, and sells them for a profit every 5 to 6 months. He usually sells them for meat purposes in his community.

His monthly income is PHP 2,500. His wife helps him run the business.

Now Bernardo has applied for a PHP 10,000 loan to purchase four piglets.

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
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,844,575
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Bernardo to buy piglets for his business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 28, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012