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Alexander
Alexander is 55 years old, a married man, and has four children. Alexander is an entrepreneur who raises hogs and sells them to butchers when they reach the desired weight. He usually earns about P3,000 for each hog disposed of. He uses the money for school fees. He is now asking for a loan of P7,000 to buy feed and vaccines for his hogs' sustainability.

Alexander is aiming to keep raising healthy hogs to offer them at a higher price and have an income increase, too. Someday he hopes to become a successful hog raiser in their village.

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
  • 351
    View loans »
    Philippines Loans Fundraising
  • $50,801,300
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Alexander to buy feed and vaccines for hogs' sustainability.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013