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Ambrocio
Ambrocio has been working for 16 years in the hog-raising business. He has been fattening pigs and has a sow for breeding. Ambrocio always see to it that his piggery house is clean for safety and is comfortable for his pigs.

Ambrocio is 40 years old, is married and has three children. His children are all at the high school level of education. He is managing his hog-raising business well so he can send his children through school until college.

With the high cost of pig feed at present, Ambrocio is asking for a loan of PHP 50,000 to buy feed for the maintenance of his hogs. He hopes to succeed in his business, to earn a higher income and to save some of it for his children's education.

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
  • 1647
    View loans »
    Philippines Loans Fundraising
  • $59,025,175
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Ambrocio to buy feed for the maintenance of his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 30, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012