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Franklin is engaged in the livestock business. He has run this type of business for 30 years. Franklin is married to a teacher and they have been blessed with four children.

Franklin's previous loan has been of great help for the continuous growth of his business. Currently, he raises two sows and two piglets. He is grateful because through his determination, patience and proper management of his business, he was able to make a better income. He still aims for a more progressive business and he is asking for a loan of PHP 50,000 which he will use to purchase stocks of feed and provide the essential vitamins for his hogs to ensure their proper nutrition. In this way, he can sell his hogs for a greater price enabling him to support his children's education, improve their standard of living and save some of their income for future use. He hopes that the KIVA lenders through ASKI will grant his loan request.

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
  • 2071
    View loans »
    Philippines Loans Fundraising
  • $61,219,850
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Franklin to buy stocks of feed and vitamins for his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
May 27, 2013
Jun 18, 2013
Currency Exchange Loss:
Nov 19, 2013