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Victor
Victor is a farmer who is raising his family in a rural community. Despite financial difficulty, he has the determination to uplift their poor living status to give his family a better life. He engages in a hog-raising business to earn additional income. Victor planned to raise more pigs to sell but he doesn't have enough capital. Therefore, he is asking for an additional 10,000 PHP to buy feed, vitamins and additional piglets to raise. Through hard work and perseverance, Victor believes that he will make the business viable and profitable in the future.

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
  • 354
    View loans »
    Philippines Loans Fundraising
  • $52,140,475
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Victor to buy feed, vitamins and additional piglets to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013