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Celestino is 28 years old, single and is currently residing with his parents and two siblings at the village of Calaocan. He has a livestock business raising hogs. His net income when he sells six hogs is PHP 8,000. He would like a loan of PHP 30,000 to purchase hogs to raise and sell. His profits usually go to the family's daily expenditures at home. He is hoping that his requested loan will be granted so that he can use it to improve 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

  • $7,000
    Average annual income
  • 714
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Celestino to purchase some hogs to raise and sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 7, 2013
Feb 12, 2013
Currency Exchange Loss:
Aug 23, 2013