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Melton
Melton is 30 years old and single. He lives in a rural community with his beloved parents. Due to the hardships of life, he was not able to pursue his college education studies, for they could not afford to finance his schooling. Despite this, he has the ambition to become successful and financially stable in the future.

To achieve his goals, he engaged himself in the hog-raising business to generate income. He planned to raise more pigs, but he has insufficient capital. For this reason, he is asking for a loan of 15,000 PHP (Philippines pesos) to buy the needed feeds, vitamins, vaccines and additional piglets to raise. Through his patience and strong determination, he believes that he will be able to improve the business and is hoping that someday, he will achieve his goals.

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
  • 1281
    View loans »
    Philippines Loans Fundraising
  • $56,286,225
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Melton to buy feeds, vitamins, vaccines and additional piglets to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 29, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013