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Edwin
Edwin and his wife work hard to have a stable source of income. The couple has been blessed with only one child who is currently studying. Edwin raises hogs and has for more than three years up to this time. His goal is to increase his income so he can send his child into a higher level of education and so he can have a better way of living.

Edwin would like to borrow a loan of PHP20,000 which will be used to buy three piglets and hog feed for the daily maintenance of his hog-raising business. He and his wife are thankful to the lenders for their unending financial support which they provide to make his farming and livestock more profitable and productive. He knows that his goals in life will be obtained someday.

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
  • 341
    View loans »
    Philippines Loans Fundraising
  • $50,756,300
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Edwin to buy three piglets and hog feed for his hog-raising business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013