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Ronilo
Ronilo is a loving father of two. He is now 36 years old and married to a housewife. She is also his partner in the hog raising business.

He has been raising hogs to fatten and breed for eight years now, and earns about 3,000 PHP for each hog sold. He is now asking for a loan of 12,000 PHP to buy an additional hog, its feed, and vaccines for sustainability. Hogs will be sold at higher cost if they attain the desired weight. From this income, Ronilo will continuously pay the school expenses of his children. Education will be the greatest legacy he can pass onto them.

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
  • 1296
    View loans »
    Philippines Loans Fundraising
  • $56,301,400
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Ronilo to buy additional hog, as well as its feed and vaccines.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2012
Listed
Oct 17, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013