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Froilan
Froilan is a father who is involved in hog-raising business to generate additional income. He is 38 years old and has five school-age children. Due to hardship of living, he aimed to strengthen the business to earn sufficient income for their daily consumption and the allowances of their children in school. To improve the business, he is asking for an additional capital of PHP 17,000 to buy feed, vitamins, and vaccines needed in hog-raising. Despite problems and calamities he encountered in life, he has a strong determination to improve the business, for he believes that his patience and sacrifices will bear good fruit someday as he continues to work hard and strive harder.

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
  • 1309
    View loans »
    Philippines Loans Fundraising
  • $57,977,325
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Froilan to buy feed, vitamins, and vaccines needed in hog-raising.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 5, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013