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Angelita
“Nothing is impossible with God” says Angelita B., a resident of San Antonio Ilagan, Isabela. She is 46 years old and married to Frecisco B., a farmer. They have two children: Jemma, 27 years old, already married and Jenny, 18 years old, a high school graduate. Angelita and her husband are trying to look for more opportunities to be able to send their youngest daughter to college.

Angelita is engaged in the hog raising business. To further improve it, she is borrowing a loan of PHP 5,000. She plans to use the loan to purchase two piglets and feed. This will be of great help to her family as an additional source of income. She is hoping that through their savings, her daughter can pursue her college education.

Life is difficult but Angelita wanted to prove that no matter how hard life is, she will survive together with her family by patiently struggling out from poverty.

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
  • 1479
    View loans »
    Philippines Loans Fundraising
  • $59,409,725
    Funds lent in using Kiva
  • 47.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Angelita to purchase piglets and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2009
Listed
Apr 21, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009