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Rolly
Rolly runs a hog-raising business as well as planting and harvesting corn. He tells us that raising hogs is quite difficult to manage because of the need to maintain the cleanliness of the pig pen, supply them with appropriate feed, and protect them from pests and diseases. These challenges motivate him to strive hard in order to generate better income.

Rolly would like to request a loan in the amount of PHP 25,000, which will allow him to buy hog feed, vaccines, and vitamins for his raised hogs. He believes that his income will increase when he is able to feed his hogs with required feed and ensure proper nutrition according to their growth stage. Increasing his income will enable his business to continue to grow gradually and will enable him to improve his standard of living.

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
  • 1291
    View loans »
    Philippines Loans Fundraising
  • $56,286,225
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rolly to buy feed, vaccines, and vitamins for his hogs.
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