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Romeo
Romeo raises hogs in his village. He raises three sows and grows rice. Romeo has been raising hogs for ten years and growing rice for 15.

Romeo is married and blessed with three children. He aims to make his hog business profitable and become a successful entreprenuer someday. In this way, he could educate his children, cover all their household expenses and improve his living conditions. For him to attain his goal in life, he is requesting a loan of PHP 30,000 to make his hogs healthier. Romeo will use his loan to buy hog feed and essential vitamins. By raising his hogs with the necessary livestock supplies, he hopes to get ahead in life.

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
  • 493
    View loans »
    Philippines Loans Fundraising
  • $50,998,450
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Romeo to buy hog feed and vitamins for his livestock business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Mar 27, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013