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Romeo is a responsible father who is engages in a hog-raising business to generate income. He aims to improve the family's standard of living to give his family a better life. Despite the hardships and difficulties he has encountered, he has the determination to achieve his goal in life.

He has been a farmer for almost 30 years and usually earns a profit of PHP20,000 from his farming business. He plans to improve his hog-raising business to increase his earnings. Due to inadequate capital, he is requesting a loan of PHP50,000 to buy feed, vitamins and additional piglets to raise. He believes that his loan will enable him to make an improvement in the business and is hoping that he will become successful in the future.

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
  • 1498
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Alfredo to buy feed, vitamins and additional piglets to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 30, 2012
Jul 1, 2012
Currency Exchange Loss:
Nov 19, 2012