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Lope
During ten years of involvement in the livestock business, Lope has been able to support his family. He is now 49 years of age and married to Norma who is a vegetable vendor. The couple were blessed with five children; two of them are married, two others are laborers, and the youngest is still studying.

Nowadays, Lope is raising four piglets, and he is happy to see that his business has improvement through the financial support given to him by the lenders. He already paid back his previous loan and has asked for another loan in the amount of P22,000 which will be used to buy 20 bags of feed and vaccines for the good health of his hogs.

Lope would like to educate his youngest child, because he doesn’t want to have that child experience what he has during his youth. So despite the hardship he has encountered in running the business, he endures all those things. He hopes that he can improve his business and make it more profitable so that he can continue to provide for his family's needs.

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
  • 844
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lope to buy 20 bags of feed and vaccine for the good nutrition of his hogs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2012