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Alfredo has grown corn crops for 15 years and he has raised hogs for 30 years. Currently, he is raising one sow and plans to buy two piglets and hog feed. But his capital is not sufficient, so he would like to borrow a loan of PHP 30,000.

He knows that through this loan amount requested, he could provide proper care to his crops and hogs, which will enable him to gain a better income that will serve his family's needs and provide a comfortable lifestyle.

Alfredo still aims for continuous growth of his corn and hog-raising businesses. In addition, he hopes to have a continuous partnership with lenders so they will continue to support him financially.

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
  • 549
    View loans »
    Philippines Loans Fundraising
  • $69,906,675
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Alfredo to buy two piglets and hog feed for the daily maintenance of his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 22, 2012
Nov 8, 2012
Currency Exchange Loss:
Jun 22, 2013