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Edgar
Edgar is 42 years old. He is married and has two children. He is a graduate of a vocational course, but his business is not related to what he studied. Edgar raises hogs and grows corn crops on his three hectares of farmland. According to him, he was 18 years old when he started raising crops in his village.

Edgar would like to keep his hogs healthy until they reach their optimum size. So, he is requesting a loan of 50,000 PHP to enable him to buy and stock hog feed. In addition, he will use some of the loan amount to buy farm supplies so that he can develop both his farm and livestock businesses.

Edgar knows that, in time, he could fulfill his goal in life, enabling his two children to finish their studies through his hard work and the unending financial support of lenders to his 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

  • $7,000
    Average annual income
  • 1455
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Edgar to buy and stock hog feed and farm supplies for his corn field.
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