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Juanito
Juanito has been a farmer for almost 18 years; planting and harvesting rice and vegetables for sale. He also engages in a hog-raising business to generate additional income. He is now 48 years old, and has three school-age children. He plans to educate all of his children to give them a better life. To work out his plan, he aims to improve his hog-raising business to increase his income, and support the education of his children.

He is requesting additional capital of PHP 20,000 to buy feed, vaccines, and vitamins needed for his hog-raising business. He mentioned that the loan will help him to make an improvement in his business and he hopes to achieve his goal someday.

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
  • 251
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Juanito to buy feed, vaccines, and vitamins needed for hog-raising business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 20, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 21, 2012