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Michel
Michel, 38, is married. He lives in the village of Paddad with his family. To generate income, Michel is engaged in a hog-raising business. He has been in this business for three years and usually earns about 2,500 PHP per piglet.

Right now, Michel is asking for a loan in the amount of 20,000 PHP to buy feed and vaccines for the maintenance of his hogs. Michel hopes to grow his business and increase his income.

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
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,792,650
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Michel to buy feed and vaccines for the maintenance of his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013