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Jorge
Jorge is 40 years old, married and has three school-aged children. He aims to upgrade their living status to continuously send the children to school and give them a bright future. He engages himself in a hog-raising business to generate additional income.

Due to the high cost of school fees and commodities Jorge has aimed to improve his hog-raising business to increase his income. To improve the business, he is asking for an additional capital of 35,000 PHP (Phillipine Peso) to buy feed, vitamins and additional piglets to raise. He believes that this loan will help him to work out his plan and he is hoping that he will make the business grow 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

  • $1175
    Average annual income
  • 1087
    View loans »
    Philippines Loans Fundraising
  • $54,713,650
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jorge 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:
Sep 5, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013