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Jimbo is 39 years old and has three school-aged children. He has been a farmer for almost ten years, planting and harvesting rice and vegetables to sell. Due to the high cost of school fees and daily needs Jimbo also raises hogs to sell.

Jimbo would like to deal in more pigs, but he hasn’t enough money. Therefore, he is applying for a 50,000 PHP loan from ASKI to buy feed, vitamins and more piglets. He feels this loan will help him to successfully improve his business.

Jimbo is a responsible father who aims to improve his family’s standard of living and educate his children. He wants them to earn degrees so that they will become professionals someday.

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
  • 398
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jimbo to buy feed, vitamins and more piglets.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Aug 14, 2012
Sep 11, 2012
Currency Exchange Loss:
Jan 19, 2013