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Luis, 51, is a resident of San Miguel Ramon. He is married having two children. By the grace of God and with the help of his supportive wife, he is able to provide for his children’s needs. Luis runs a hog raising business that he has been managing for two years. He raises and fattens them, and sells them at their optimum growth and size. To help him continue running his business, he is asking for financial assistance in the amount of P10,000. He will use the loan to buy feed so he can improve the weight and size of his piglets and sell them at a greater price. Luis is aiming to add more piglets in order to improve his family's standard of living.

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
  • 333
    View loans »
    Philippines Loans Fundraising
  • $70,752,750
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Luis to purchase feed supplies for his hog raising business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Aug 24, 2011
Sep 19, 2011
Currency Exchange Loss:
Feb 15, 2012