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Reynaldo is married and has three children attending school. His wife is engaged in a retailing business, while Reynaldo runs a business raising hogs for breeding. Reynaldo started the business with four head of hogs for fattening. When he realized that his earnings were insufficient to sustain his children's needs in school, he decided to grow hogs for breeding. Now, Reynaldo has five heads of pigs for breeding in addition to the hogs he fattens.

Reynaldo's greatest dream in life is for his children to finish their college education. He works hard to respond quickly to his children's needs. In this regard, Reynaldo is asking for a loan of 30,000 PHP to buy feed and vaccines for his hogs. He is doing his best for the continued growth of the 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
  • 313
    View loans »
    Philippines Loans Fundraising
  • $70,580,225
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Reynaldo to buy feed and vaccines for his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Apr 12, 2013
Apr 20, 2013
Currency Exchange Loss:
Dec 22, 2013