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Victorino manages a 4,000 square meter fish pond, a one hectare rice field, and he also manages a hog-raising business. He is grateful because through his perseverance and determination, he was able to keep his agriculture business well. He is happily married and blessed with three children. To maintain the hogs and ensure they have proper care and nutrition, Victorino is asking for a loan of PHP 50,000. This will serve as additional capital in his hog-raising business, enabling him to buy the necessary requirements for the business like hog feed, vaccines, and vitamins. Victorino is doing his best to have healthier livestock for fattening and to deal the hogs to buyers at a reasonable price.

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
  • 756
    View loans »
    Philippines Loans Fundraising
  • $63,325,000
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Victorino to provide additional capital for his hog-raising and to buy the necessary requirements for the business like hog feed, vaccines, and vitamins.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Aug 8, 2013
Aug 21, 2013
Currency Exchange Loss:
Feb 19, 2014