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Marshal
Marshal is 29 years old and single. He lives in a rural community with his beloved parents. He engages in a hog-raising business to help his parents in generating income. He aimed to earn and save more income to support the education of his younger brother and to save for his future. He planned to raise more pigs to sell, but he has limited capital.

For this reason, Marshal wants to access a loan of PHP 10,000 to buy hog feed, vitamins, additional piglets to raise, and materials needed to improve the pigpen. Through patience and hard work, Marshal believes that he will make his business 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
  • 1492
    View loans »
    Philippines Loans Fundraising
  • $59,107,075
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Marshal to buy hog feed, vitamins, additional piglets to raise, and materials needed to improve the pigpen.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 13, 2014
Listed
Jul 2, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014