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Wilfredo is a hard-working father who aims to give his family a better way of living. He is 51 years old and has two school-aged children. He wants his children to finish their studies and become successful someday.

Wilfredo manages a hog-raising business. Lack of capital made him take a loan of PHP 40,000 from Kiva lenders through ASKI. He will utilize the loan to buy feeds, vitamins and additional piglets to raise. He is hoping that someday he will improve the business and make it profitable with the financial assistance of the lenders.

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
  • 338
    View loans »
    Philippines Loans Fundraising
  • $65,920,300
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Wilfredo to buy feeds, vitamins and additional piglets to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
May 29, 2013
Jun 21, 2013
Currency Exchange Loss:
Oct 23, 2013