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Wilfredo operates his livestock and farming business. He had 6,000 square meters of vegetable farmland, a half-hectare of rice field, and three hectares of mango farmland.

Since Wilfredo disposed his hogs already, he plans to replace them with a new one, but due to the increase of expenses in his farming business, his capital intended for his livestock business is no longer sufficient. With regards to this matter, he is asking for a loan of PHP 35,000, which will be used in buying one piglet and livestock feed. Some of the amount will be used in maintenance of his rice field, backyard vegetables, and mango farm lot.

Wilfredo knows that he could improve his way of living, educate his youngest child, and save some for his family’s emergency purposes because he and his wife go together with their decisions in life.

In addition, they adopt new farming strategies and ensure proper growth of their rice crops, vegetables, and raised hogs. In this way, he could earn greater profits for his family’s welfare.

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
  • 706
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Wilfredo to buy one piglet and livestock feed and also pay for maintenance of his mango farm lot.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jan 16, 2013
Jan 30, 2013
Currency Exchange Loss:
Aug 23, 2013