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Elias
Elias, 42 years old, is still single. He has been operating a hog-raising business for five years, earning approximately PHP 2,500 for each piglet he sells. Elias is requesting a loan of PHP 20,000 to purchase feed, vaccine and vitamins for the proper growth of his hogs. He hopes that, through the loan, he can fulfill his hogs' needs. Elias hopes to grow his business.

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
  • 317
    View loans »
    Philippines Loans Fundraising
  • $52,185,750
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Elias to purchase feed, vaccine and vitamins for the proper growth of his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 28, 2012
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013