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Swine-raising is nothing new to Armando because he had runs this type of business for more than 30 years. He started raising swine at very young age. He and his wife Veronica work together to increase the income they generate from their swine raising and retail store business. The couple was blessed with five children. Two of them are married; two are working, and the youngest is still studying. Armando hopes to let his youngest child finish his studies so he can find better opportunities someday.

Armando always makes sure that their swine raising business is free from any diseases so that the swine maintain their good health and minimize his expenses in buying vaccines. He plans to make his raised swine healthier upon reaching their optimum growth but he struggles for shortage of capital. He requests a loan of PHP 30,000 allowing him to buy necessary feed, vitamins, and vaccines for his livestock business. He knows that this amount of loan would make his dream possible.

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
  • 987
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Armando to buy necessary feed, vitamins, and vaccines for his livestock business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Sep 21, 2012
Oct 2, 2012
Currency Exchange Loss:
May 24, 2013