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Leonito
Leonito is 34 years old, and is married to Jinky. They live in the village where he generates income. Leonito is engaged in the hog-raising business. He has been in this business for three years and earns PHP 2,500 per piglet. Right now, Leonito is requesting a loan in the amount of PHP 30,000 to buy feed, vaccines and vitamins for the proper growth of his hogs. He believes that he can improve his business through the help of his loan.

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
  • 358
    View loans »
    Philippines Loans Fundraising
  • $50,745,300
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Leonito to buy 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:
Feb 15, 2013
Listed
Feb 19, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013