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Eduardo lives in a village and is known to be a good fisherman. He is 54 years of age and married with five children. His two eldest children are settled in their marriages while the others are at home and are still studying. He aims to have a stable source of income so he can let his children finish their studies and improve their way of living. But fishing is not so stable, so he plans to buy piglets to raise.

He is requesting a loan of PHP 15,000 to repair his fishing net and boat and to buy two piglets and feed. He believes that this loan amount will help him attain his goal in life and also help his piggery business to grow.

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
  • 1437
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Eduardo to repair his fishing net and boat and to buy two piglets and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 20, 2012
Dec 1, 2012
Currency Exchange Loss:
May 24, 2013