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Reynaldo
Reynaldo is 44 years old and is married to Marife. He has managed a hog-raising business for 11 years. His wife works as a vegetable vendor. Reynaldo and his wife help each other to attain their goal of providing a good quality of life for their children. He and his wife believe that one way of doing this is to provide for their children's needs and send them to school. Reynaldo believes that education is the key to success. Reynaldo requests a 25,000 PHP loan to purchase food and medicine for his pig and buy more pigs to sell after he has fattened them. He looks forward to the growth of 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
  • 270
    View loans »
    Philippines Loans Fundraising
  • $53,163,375
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Reynaldo to buy food and medicine for his pig and buy more pigs to sell.
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