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Domingo
Domingo is a hog-raiser within his local community of Namnama Alfonso Lista. He has been in line with this field of business for five years. Aside from raising hogs, he also grows corn crops on his one hectare of corn field.

Domingo currently raises five hogs to be fattened. With the number of his hogs, he struggles because of a shortage of capital. For this reason, he is seeking a loan of PHP 25,000. He will use this loan amount for buying stocks of hog feed and essential vitamins, ensuring his hogs will have good nutrition until they reach their maturity date.

In that way, he can sell his hogs for a greater amount, which will serve as sustenance of his family’s basic necessities. He will also be able to let his two children finish their studies.

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
  • 872
    View loans »
    Philippines Loans Fundraising
  • $54,390,175
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Domingo to buy stocks of hog feed and essential vitamins for his hog-raising business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 24, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 30, 2013