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Pablo
Pablo is 47 years old and has four children who are in school. Through farming he sustains his family necessities but admits that it gets difficult to pay for school fees. Hence, he is willing to have an additional income source besides farming.

So Pablo extends his farming business into livestock even though he does not have enough capital to maintain it. Pablo wanted to borrow a loan of 34,000 PHP to buy piglets, feed, and vaccines. He will use the loan wisely for the improvement and growth of his business. He hopes to increase his profit and to pay for the school fees of his children.

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
  • 491
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Pablo to buy piglets, feed, and vaccines.
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