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Jay-Ar is 25 years old and is single. He runs a hog-raising business, primarily hogs for breeding. He dreams that his business will grow so he can extend his financial support to his parents before he builds his own family. He continues working hard to be able to attain his goal.

Jay-Ar has 3 sows and 14 piglets. He has been experiencing difficulties sustaining his pigs because feed is costly now. He therefore decided to request a loan of 25,000 Philippine pesos (PHP) to buy feed for his pigs. He hopes to maintain his business until he gets married and builds his own family.

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
  • 530
    View loans »
    Philippines Loans Fundraising
  • $69,869,425
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Jay-Ar to buy feed for his pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Sep 22, 2011
Oct 6, 2011
Currency Exchange Loss:
Feb 15, 2012