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Josephine
Josephine is happily married to Danny T.. She is 45 years old and has two children: Dennis who is 23 years old and Danica who is 18 years old. Dennis has finished college while Danica still is studying.

Josephine has been a hog raiser in her village for many years. The business contributes a great deal in providing her children with their education. She is hoping to receive a loan of PHP 9,000, which she will use to buy more feed for her hogs.

She hopes to sustain her hog raising while at the same time continuing their rice farming which also helps provide daily necessities, especially in sending their children to school.

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

  • $1175
    Average annual income
  • 305
    View loans »
    Philippines Loans Fundraising
  • $52,091,300
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Josephine to buy more feed for her pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 27, 2009
Listed
May 22, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009