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At the age of 41, Reynaldo is still single. Being determined to help his parent even in just a simple way, Reynaldo runs a hog raising business. He started this business six years ago. He is happy that he maintains his business even though he faces financial problems in maintaining his pig feed.
Reynaldo doesn’t want to lose hope that he can continue his business. He will treat all obstacles in growing his business as individual challenges. He believes that he can continue his business and he will strive for the growth of his business.
Reynaldo wants a loan of P20,000 to purchase hog feed. He wants the loan to have a positive impact on his 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
  • 372
    View loans »
    Philippines Loans Fundraising
  • $70,797,850
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Reynaldo to purchase hog feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Oct 20, 2011
Nov 17, 2011
Currency Exchange Loss:
Apr 21, 2012