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Joel
Joel is a hog raiser and farmer. According to him, his main source of income comes from planting of corn crops. Since his farming is improving, he decided to raise hogs as his additional source of income. He is currently raising two sows and two fattening hogs.

Joel would like to have continuous growth of his business, but he struggles with shortage of capital. With regards to this matter, he is asking for a loan of PHP 13,000 to allow him to buy hog feed and vitamins. Also, some of the amount will be used for maintenance of his corn-farming business.

Joel hopes that he can obtain his requested loan amount so he can provide all his family’s needs, educate all his children and improve their living conditions.

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
  • 350
    View loans »
    Philippines Loans Fundraising
  • $50,982,700
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Joel to buy hog feed and vitamins for his hogs and to maintain his corn-farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 29, 2013