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Macario
Macario is 58 years old, married and has four adult-age children. He is a farmer raising his family in a rural community. Farming is the main source of their income; he plants rice, fruits and vegetables for sale. Aside from that, he also maintains a hog-raising business to earn additional income. He plans to raise more hogs to sell but he doen not have enough capital. For this reason, he is asking for an additional capital of P 30,000.00 to buy feed, vitamins and vaccines needed for the maintenance of his hogs. He is hoping that his loan will be granted in order to strengthen the business and improve their status of living in the 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

  • $1175
    Average annual income
  • 352
    View loans »
    Philippines Loans Fundraising
  • $50,739,475
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Macario to buy feed, vitamins and vaccines needed in hog raising.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 26, 2013
Listed
May 14, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013