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Pedro
At an early age, Pedro started to farm due to the living status of his family. With regards to his situation, Pedro doesn’t want to let his children experience what he went through, because he would like to see them have a good future someday.

To make his dreams come true, Pedro devotes his time to his corn field so that he can improve the growth of his corn crop and expand the farmland he manages. Pedro is a responsible father to his three children and a loving husband to Lydia. Aside from his farming business, Pedro has also involved himself in a hog raising business for more than 20 years. He is grateful, because the generated income from his farming business was used for his eldest child's education, and some was used for their household expenses. He plans to buy feed, because his place is far from the market, and he wants to economize his expenses in going to and from the market. To obtain his dreams, which is to uplift his living status out of poverty, he is requesting a loan of PHP 20,000. He hopes that the KIVA lenders and ASKI will grant his request for the loan amount.

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
  • 1212
    View loans »
    Philippines Loans Fundraising
  • $54,909,650
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Pedro to buy feed for his hogs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 14, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012