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Dionicio
Dionicio resides at Capatan, near Tuguegrarao City, with his wife and child. To earn a living, the couple raises hogs, breeding them and fattening them to sell upon attaining the desired growth. In addition to the hog raising business, they also own a hectare plot of land, which they cultivate by planting rice. They have been working in their businesses for 10 years and earn about 10,000 PHP each month.

Dionicio aims to strengthen the hog raising business in order to earn a higher income. Therefore he is asking for a loan of 12,000 PHP to buy feed, medicine and vaccines to sustain his hogs.

He hopes to continue generating good profits from both businesses in order to provide his family with a better life.

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
  • 314
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Dionicio to buy feed, medicine and vaccines to sustain his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 8, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012