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Arturo, age 54, raises hogs to earn an income. He lives in La Suerte, Angadanan, with his wife and their two children. He is a responsible father and works hard to manage his business. He applies his income toward supporting his family's daily needs, paying his children's tuition fees, and paying utility bills.

Arturo is requesting a loan in the amount of PhP 28,000, which he will use to purchase feed and vitamins for his hogs. He hopes to increase his profits so that he can meet the financial needs of the family and save money for the future.

Arturo believes that his patience and good business management will enable him to improve the family's standard of living.

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
  • 409
    View loans »
    Philippines Loans Fundraising
  • $65,913,675
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Arturo to purchase feed and vitamins for his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jan 23, 2013
Feb 14, 2013
Currency Exchange Loss:
Jun 22, 2013