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Alfredo
Alfredo has been engaged in a hog-raising business for more than ten years. He is 61 years old, married and blessed with four grown children. He is full of hopes in life.

Alfredo's wife owns a retail store and engages in a transportation business. The couple has been working hard to improve his hog raising and the retail store to make them productive and profitable.

To make his goal realistic, he is seeking a loan of PHP 30,000, allowing him to buy hog feed and vitamins. He knows that this additional capital will help to make his hogs healthier upon reaching their optimum growth and enable him to get a greater price. He is hoping for approval of his requested loan amount.

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
  • 390
    View loans »
    Philippines Loans Fundraising
  • $50,825,975
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Alfredo to buy hog feed and vitamins for his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 11, 2013
Listed
Oct 25, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014