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Rey owns a livestock business. He has sufficient experience in running this kind of business. He is thankful because his wife is supportive in making his business more profitable.

Rey has been blessed with six children and all of them are studying. Through the income generated from his livestock and corn field business he is able to provide his family's needs. His main goal is to send his children to a higher level of education and have a better way of living.

Rey is asking for a loan amounting to 40,000 PHP to buy hog feed, vitamins and vaccines to maintain good growth of his raised hogs. He hopes that this amount will enable him to obtain success in 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

  • $7,000
    Average annual income
  • 1848
    View loans »
    Philippines Loans Fundraising
  • $60,929,450
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Rey to buy hog feed, vitamins and vaccines to maintain good growth of his raised hogs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
May 25, 2012
Jun 1, 2012
Currency Exchange Loss:
Oct 16, 2012