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Farming is the primary source of income for Rey's family. He grows corn crops in the village he resides in, and for the past six years has also been raising hogs as his additional source of income. Rey is married and blessed with six children, all of whom he desires to educate because it's the only legacy he can give them.

Rey is requesting a loan of PHP 48,000 to buy hog feed and vitamins to ensure the proper growth of his hogs. He hopes to render them all healthy and free from any diseases so that he can get a good price for them. In this way, Rey will be able to help his children to achieve higher education to improve their living standard.

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
  • 332
    View loans »
    Philippines Loans Fundraising
  • $65,979,775
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Rey to buy hog feed and vitamins for his livestock business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Sep 25, 2012
Oct 8, 2012
Currency Exchange Loss:
Aug 23, 2013