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Federico is 48 years old. He is still single. Federico lives in the village of San Francisco with his mother and his adopted child. To make a living, Federico is busy managing his hog-raising business. He has been in this business for 5 years and earns about 2,500 Philippines pesos (PHP) per piglet.

At this time, Federico wants to have more hogs to raise. In this regard, Federico is asking a loan in the amount of 10,000 PHP to buy feed, vaccines, and additional hogs to raise. He hopes that he can get the amount he requested to further develop 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
  • 1871
    View loans »
    Philippines Loans Fundraising
  • $61,001,400
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Federico to buy feed, vaccine and additional hogs to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 20, 2012
Dec 1, 2012
Currency Exchange Loss:
Mar 15, 2013