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Marcelino
Marcelino is 42 years old and married, and he and his wife are blessed with three school-aged-children.

Marcelino is engaged in a hog fattening business as a source of income. He has been managing his hog raising business for over two years.

He is a very patient and industrious father. He operates his livelihood to provide all the needs of his family. It is quite difficult, but his willingness to lift his family from poor living pushes him to execute this work.

Now he is requesting a loan of PHP 7,000 to buy fees, vitamins, and vaccine for his hogs. He wants to develop his hog fattening business more to earn higher proceeds for his children.

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
  • 299
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Marcelino to buy feed, vitamins, and vaccine for his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Sep 8, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013