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Ernesto
From the hardship of life he had experienced since childhood, Ernesto learned how to be a hard-working man. Ernesto is 32 years of age, married and blessed with one child. His wife is an OFW (Overseas Filipino Worker) in the Middle East. Ernesto wants to help his wife even in just a simple way. He realizes that living far from his loved one is difficult because he has two roles to perform for their child.

Ernesto has been engaged in a hog raising business for two years. He wants to maintain the business and wishes to develop it without relying on his wife's remittances. Toward this goal, Ernesto wanted to borrow a loan of PHP 32,000 to buy feed, vaccines and vitamins for his hogs. He hopes to avail of the loan and will use it for the growth of his business.

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
  • 1241
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Ernesto buy feed, vaccines and vitamins for his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 16, 2012
Listed
May 2, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012