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Romulo
Romulo has been a hog raiser for more than 15 years. He is currently raising two sows, one boar, and three fattening pigs. He also runs a backyard vegetable and corn farming business. He is thankful because he is able to sustain his family's needs and supply his farming business through the income he earns.

Romulo is 58 years old, married, and blessed with three children. One of his children is married, while the other two are single and are his companions in cultivating his farmland. Romulo wants to have continuous growth of his livestock business for him to earn more income. For his dreams to become a reality, he is asking for additional capital of 40,000 Philippine pesos (PHP) to allow him to buy hog feed, vitamins for his hogs, and vegetable seeds for his backyard garden business. He believes that this loan amount will enable him to fulfill his dreams in life and with his businesses. Romulo hopes and prays that his requested loan will be granted.

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
  • 1278
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Romulo to buy hog feed, vitamins for his hogs, and vegetable seeds for his backyard garden business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 25, 2013
Listed
Apr 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013