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Danilo
Danilo is a hog raiser within his local community. He is industrious and a business-oriented man. According to him, farming has been the main source of income of his family.Danilo is married and has five children. His eldest is married; the second child is an Overseas Filipino Worker and the other three children are still studying.

Danilo manages his hog raising business, fishpond and farming business. He is grateful because his gained profits were used for their daily needs, allowances for the children and maintenance of their farming business. Danilo raised three hogs; he plans to buy an additional three piglets but his capital isn't adequate so he requested a loan of PHP 25,000. This amount would really help him most especially in making his raised hogs healthy and with proper growth upon reaching their maturity. He is hoping for continuous improvement of his hog raising business so he can let his three children finish their studies and be able to have a better way of living.

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
  • 320
    View loans »
    Philippines Loans Fundraising
  • $52,185,750
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Danilo to buy hog feed and three piglets to be raised.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013