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Arthur has been raising hogs for more than ten years. He is 49 years of age, married and blessed with three children. He currently manages a livestock business and also a farming business. His main goal is to increase his profits to be able to educate his two children and provide them with comfortable living conditions. With his determination to improve his financial stability Arthur is seeking additional working capital amounting to PHP 45,000, which he will use to buy five piglets as well as hog feed for their daily sustenance. He hopes that the loan he has requested will be granted.

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
  • 1147
    View loans »
    Philippines Loans Fundraising
  • $63,466,825
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Arthur to buy five piglets as well as hog feed for their daily sustenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 24, 2012
Nov 6, 2012
Currency Exchange Loss:
Mar 15, 2013