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Rolando is a humble person with a strong personality. He lives with his spouse and children in the village of Villa concepcion.

Rolando is engaged in a hog-raising business that primarily involves hogs for breeding. It is a business he started eight years ago. The best way to earn profits is to go to the livestock markets to buy and sell pigs. Now, he needs to increase his business, and this is why he is taking out a loan of 5,000 PHP that he will use to buy feed, vaccines, and additional hogs to raise. This business helps Rolando, because it's the only source of income he has to raise his family.

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
  • 2081
    View loans »
    Philippines Loans Fundraising
  • $61,189,400
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Rolando to buy feed, vaccines, and additional hogs to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 15, 2012
Apr 4, 2012
Currency Exchange Loss:
Sep 15, 2012