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A 52-year-old married father of four, Virgilio's main priority is to educate his youngest child since his three other children are already married. The industrious and loving husband of Estrella, Virgilio is engaged in a livestock business that currently consists of one sow and six piglets. He also has a 1.3 hectare rice field and a 1.5 hectare corn field.

Determined to enable his youngest child to achieve a high level of education, Virgilio is now requesting a loan of PHP 35,000 to buy hog feed, vitamins and vaccine for his livestock. These purchases will ensure a good price when he sells, thus enabling him to improve their way of living and achieve his goals.

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
  • 758
    View loans »
    Philippines Loans Fundraising
  • $63,325,000
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Virgilio to buy hog feed, vitamins and vaccine for his livestock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Jun 21, 2012
Jul 4, 2012
Currency Exchange Loss:
Nov 19, 2012