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Raymund
Most parents wish to send their children to school to earn a degree and obtain employment quickly thereafter. They believe that education is the best treasure they can give to their children. Raymund is a parent who wishes to give that treasure to his children.

Raymund is 27 years of age and has one kid. It is too early for him to think of his child’s education, but he is preparing for his child’s future. Raymund admits that he did not enter higher education; his only way to attain his wish is planting rice and taking care of hogs. Raymund recently began his hog raising business and is in the process of growing the business.

Raymund is requesting a loan of P45,000 to buy piglets and feed for maintenance. He is hoping for continued growth of his business in order to make his wish a reality.

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
  • 1436
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Raymund to buy piglets and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 10, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2013