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Danilo's business is livestock and farming. He is 53 years of age, happily married and has been blessed with six children. Four children are married while one is under training for work and the youngest is still studying. Danilo and his wife work hard to earn for living to educate their youngest child and improve their living conditions.

His main goal is to increase the profit he generates from his livestock and farming business. Danilo started his livestock business in the year 1982. Aside from this livestock, he also grows corn and rice crops in his 1.5 hectare field.

Now he would like to borrow additional working capital in the amount of PHP 40,000, allowing him to purchase hog feed and do maintenance of his corn-farming business. He is hoping for approval of his requested loan amount for him to improve his crop production and livestock business.

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
  • 761
    View loans »
    Philippines Loans Fundraising
  • $63,325,000
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Danilo to purchase hog feed and maintain his corn-farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 22, 2012
Nov 8, 2012
Currency Exchange Loss:
Apr 22, 2013