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Ruben is a 51-year-old man who lives with his wife and children. He is a hog raiser and breeder and has four years of experience in this field. Ruben chose this particular activity because meat is in very high demand in their community.

Ruben usually buys piglets in the local market, fattens and raises them for 5-6 months. Then, he resells the grown pig for a more profitable price to market vendors and butchers. His wife helps to look after the animals and feed them.

Demand for fresh meat is very high and Ruben would like to cover the demand of his permanent clients. For this purpose, he has applied for P 10,000. He will use the loan to buy two piglets.

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
  • 497
    View loans »
    Philippines Loans Fundraising
  • $65,913,675
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Ruben to buy additional pigs for his hog-raising business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Dec 28, 2011
Feb 1, 2012
Currency Exchange Loss:
Jun 22, 2012