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Rogelio
Rogelio’s greatest dream in life is having investment in his village and financing his children's education. Rogelio is engaged in a service business repairing malfunctioned televisions and he also has a hog raising business. He now has his business stall in his village, but before this he provided his services in different villages by going house to house.

Rogelio wants to expand his business by putting up a piggery business as an additional source of income. He is asking for a loan of PHP 15,000 to buy piglets to raise, as well as to buy other materials needed in his electronics repair business. He hopes that his businesses will continue to grow and become more profitable.

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
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rogelio to buy piglets to raise, as well as to buy other materials needed in his electronics repair business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014