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Eduardo
Eduardo is engaged in a livestock business wherein he fattens and raises pigs.

He is separated and blessed with seven children. Three of his children have settled into marriage, while another three are farmers, and his youngest child is still studying.

Eduardo said that being a single parent is quite hard because of greater responsibilities. But as time passed by, he has realized that it's a part of life.

Eduardo would like to keep improving his farming and livestock business, so he is requesting a loan of PHP 30,000 that he will use to buy hog feed, vitamins, and vaccine for his pigs. He hopes that through this financial assistance, he can raise his hogs well, so he can sell them for a greater price.

He believes that his profit will serve the overall welfare of his family.

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
  • 1179
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Eduardo to buy hog feed, vitamins, and vaccine for his pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013