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Rolly
Rolly is a hardworking father and husband. He is from the village of Namilangan Alfonso Lista. According to him, the primary source of income of the families from the village comes from farming of corn crops. At this time, he manages both his corn farm and livestock business.

Rolly is married with seven children. Four of his children are studying, while the other three are already married. He is thankful because his wife is supportive in the growth of their farm and livestock business. At this time, Rolly is busy preparing his corn field, so his wife will temporarily replace her husband's role in taking care of his hogs to maintain their proper growth, though he is busy cultivating his farm land.

Rolly would like to ask for a loan of PHP 27,000, allowing him to buy stocks of hog feed and necessary vitamins needed in the proper growth of his hogs. He hopes to obtain this loan amount so he can make his hogs healthier in reaching their optimum growth. In this way, he can deal his hogs for a higher price, which will enable him to send his children to a higher level of education and give his family a comfortable living condition.

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
  • 590
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rolly to buy stocks of hog feed and necessary vitamins for proper growth of his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 9, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013