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Leonila
Leonila wants to further develop and improve her business, so she is requesting a loan from Kiva lenders in the amount of PHP25000 to sustain her pig-raising business. She needs enough capital to provide the needed food supply for her hogs. According to her, the business has come to be a big financial help to their family, especially in providing for the education of her children in school. She earns a good profit from the business and wants to maintain it for the welfare of her family.

Leonila is forty-eight years old. She is married to Pascual who works as a house carpenter. They are presently residing in the rural village of Barangay Annafunan East Tuguegarao, City. She has two children: Walter and Lilibeth. Leonila believes that by maintaining her hog-raising business, they will be able to cope with whatever financial difficulties they might encounter in the future, because it is a profitable enterprise.

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
  • 1436
    View loans »
    Philippines Loans Fundraising
  • $59,145,900
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Leonila additional capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2009
Listed
Aug 7, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010