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Romeo
Raising pigs is Romeo's business. He has run this business for more than twelve years. He is also a farmer who grows rice.

Romeo raises nine piglets, one sow and two which are fattening. With this large number of pigs, he is in need of more capital, so he is seeking a loan of PHP 20,000. He will use the money to buy hog feed, vitamins and vaccines for his pigs. He knows that the necessary livestock supplies will help ensure his pigs' good nutrition and enable them to reach their optimum growth. Romeo is looking forward to the success of his livestock business through the continuous financial assistance of all his lenders.

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
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Romeo to buy hog feed, vitamins and vaccines for his pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013