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Due to the difficulties of earning a living, Ronald engages in the business of raising hogs to generate an additional income. He is 35 years old and has three school-going children. Ronald aims to attain financial stability to satisfy his family's needs and to support the educational needs of his children who are attending school. To achieve this, he has asked for additional capital for his hog raising business. He has asked for 28,000 PHP which he will use to purchase hog feed, vitamins, vaccines and additional pigs to raise. Through patience and hard work, he has the strong determination to improve 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
  • 359
    View loans »
    Philippines Loans Fundraising
  • $70,814,925
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Ronald to purchase hog feed, vitamins, vaccines and additional pigs to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
May 29, 2013
Jun 18, 2013
Currency Exchange Loss:
Oct 23, 2013