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Guillermo
Guillermo has been a hog raiser for two years. He is a married man with three children. All of them go to school.

Guillermo believes that the improvement of his living condition is based on his own ability to run his livestock business well. So he works hard in order for him to increase his profits. Still the income being gained is not enough.

For this reason, he is requesting additional working capital in the amount of PHP 35,000. This amount will allow him to buy livestock feed and vaccine. Through this amount of loan, he can make his business more profitable, which will enable him to obtain financial stability. In addition, he can enable his children to finish their degree courses.

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
  • 1264
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Guillermo to buy livestock feed and vaccine for his hogs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 7, 2012
Listed
Jul 2, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012