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Pedro is a responsible father who is raising his family in a rural community. He aims to improve their poor status of living and give his family a better life. Aside from farming, he also engages in raising hogs to have an additional source of income.

He wants to strengthen this business in order to generate a higher income. He planned to acquire more pigs to raise but he has limited capital. For this reason, he is asking for a loan of PHP 24,000 to buy hog feed, vitamins and additional pigs to raise. He believes this loan will make it possible to improve the business.

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
  • 2101
    View loans »
    Philippines Loans Fundraising
  • $61,204,950
    Funds lent in using Kiva
  • 44.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Pedro to buy hog feed, vitamins and additional pigs to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Mar 27, 2014
Apr 3, 2014
Currency Exchange Loss:
Sep 24, 2015