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Armando
Armando is from the village of Pinto Alfonso Lista, where almost everyone works in farming. Armando is a married man who is blessed with three children, two of whom go to school while the youngest is still an infant.

For a year and four months, Armando has been raising hogs to be fattened. For ten years previously, he operated a cornfield. He is determined to succeed, send his children to a higher level of education, and earn a better way of living. He is borrowing 20,000 PHP. This loan will be used to buy hog feed and to maintain Armando's cornfield.

Armando believes that his goal in life is attainable through hard work and the full support of his wife in running their livestock and farming business. Armando says he is inspired by people who succeed in life and 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

  • $1175
    Average annual income
  • 1567
    View loans »
    Philippines Loans Fundraising
  • $56,630,925
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Armando to buy hog feed and maintain his cornfield.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 22, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013