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Romeo
Romeo is a hardworking father and responsible husband to Juliet. They live within the village of Villa Marzo. The couple has been blessed with two children. The eldest is in primary school while the youngest is still an infant.

Romeo has been a hog raiser for more than seven years. Aside from his livestock business, he is also engaged in the rice farming business. Romeo aims to improve his livestock business in order to gain more profits to sustain his family's needs. He is currently raising one sow and ten piglets. According to him, raising large number of piglets requires more capital because of the livestock feed that they will consume day by day. With this in mind, he is asking for a loan amount of PHP 15,000 which will be used to buy livestock feed and vaccines. Romeo expects that the requested loan amount will be granted so that he can save some for his children's education and improve their living condition.

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
  • 1237
    View loans »
    Philippines Loans Fundraising
  • $57,792,650
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Romeo to buy livestock feed and vaccines for his hog-raising business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012