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Fredy is happily living with his wife and two children within the local community of Pinto Alfonso Lista. His place is known to be mountainous and agricultural.

He has run and managed his hog-raising business for five years. He is currently raising one sow and two hogs for fattening. He plans to obtain more hogs to raise in order to gain more income to meet all his family's needs and cover his agricultural expenses. But due to insufficient capital, he is asking for financial assistance from lenders in the amount of 15,000 Philippine pesos. He will use this loan amount to purchase feed to improve his hog-raising business. Fredy would be glad if his requested loan amount were approved.

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
  • 362
    View loans »
    Philippines Loans Fundraising
  • $66,136,650
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fredy to buy feed for his livestock business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Jan 10, 2012
Mar 2, 2012
Currency Exchange Loss:
Jun 22, 2012