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Hog-raising is the primary source of income for Reymundo. He has been in this business for five years and usually earns about 7,000 PHP every four to five months.

He is 48 years old now and is married. At his age, Reymundo still dreams of a good life for his children, so that is why he is fully devoted to his hog-raising business.

To this end, he is asking for a loan in the amount of 40,000 PHP to buy feed, vaccine and vitamins for the proper growth of his hogs. He hopes to grow his business.

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
  • 429
    View loans »
    Philippines Loans Fundraising
  • $69,631,075
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Reymundo to buy feed, vaccine and vitamins for the proper growth of his hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Apr 3, 2013
Apr 11, 2013
Currency Exchange Loss:
Nov 19, 2013