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Leo
Leo lives with his wife and three children, at the village of Namillangan Alfonso Lista. Leo's and his wife's main priority is to earn more income, so they can sustain their children's education, meet their daily needs, and improve their living conditions. Leo is a hog raiser and a farmer.

Leo would like to ensure the proper growth of his hogs until they reach their optimum size. For this reason, he is asking for a loan of PHP 50,000. The loan will enable him to buy necessary hog feed, vaccines and essential vitamins, for his livestock business. Leo believes that his hogs will gain weight by using the proper livestock supplies for them. In this way, he may earn better income, which will enable him to secure his family's 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

  • $7,000
    Average annual income
  • 1061
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Leo to buy more hog feed, vaccines and essential vitamins, for his livestock business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 15, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
May 2, 2013