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Robert
Robert is married with four children. His eldest son is already working, his second child is a driver of jeepney transportation, the third is still studying, and the youngest is in pre-school. Robert hopes to support his two younger children in their studies.

Robert is engaged in the livestock business. He plans to purchase hog feed, vitamins, and vaccines to improve the growth of his raised hogs, so that, when they reach their optimum growth, he can sell them for a higher price. He believes that he can earn more income which would allow him to support his two children through a higher level of education. With regards to his dream in life, he is requesting a loan of PHP 50,000. He hopes that his business will continue to grow.

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
  • 306
    View loans »
    Philippines Loans Fundraising
  • $52,087,775
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Robert to buy hog feed, vitamins, and vaccines for his livestock business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 24, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012