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Angelito
Due to hardship of living, Angelito is involved in a hog-raising business to earn additional income for his family. He is 42 years old and has three school-age children. He wants them to earn a degree and become professionals someday. Despite financial difficulty, he has the strong determination to improve his business to support the education of his children.

Angelito planned to raise more pigs to sell but due to inadequate capital, he is asking for an additional of P35,000 to buy feeds, vitamins and additional piglets to raise. He mentioned that through patience and hard work, he can make an improvement in the business and is hoping that he will become successful in carrying out his plan.

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
  • 293
    View loans »
    Philippines Loans Fundraising
  • $50,700,950
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Angelito to buy feed, vitamins and additional piglets to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012