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A very young business man, Walid, 27 years old, has engaged in hog raising for five years. He has enough knowledge about fattening hogs, and he is continuing to develop his capability in raising hogs because he plans to have a piggery someday. That's why he is requesting a loan of PHP 50,000 to buy additional piglets to raise and feed for them to eat. Walid hopes that someday he can expand his business and explore and broaden his knowledge of hog raising.

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
  • 394
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD
A loan of $1,200 helped Walid to buy feed and additional piglets for his business.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Apr 19, 2012
May 8, 2012
Currency Exchange Loss:
Jun 7, 2012