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Violeta
Violeta manages a hog-raising business in the distant community of Barangay Cabisera 27 San Antonio Ilagan, Isabela. The business serves as their alternative source of income in addition to farming. With her business, she is able to assist her husband in providing for the needs of their children. Her husband is as farmer and they have five children. Two of the children are in school, two are employed as helpers, and one is helping them on the farm.

Violeta would like to request a loan of PHP 11,000.00 from the Kiva lenders. This amount will be of great help in maintaining her hog-raising business and continuously improving the business for the benefit of her family. She plans to purchase one piglet and feed to supply her hogs. Without the loan, Violeta will find it hard to pursue her plans. She wants to develop her business and hopes that someday she can expand it for the welfare of her family. “There’s no harm in trying”, says Violeta. As long as she believes what she’s doing is right and for the welfare of her children, she will pursue what she thinks is the best for them.

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
  • 1058
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Violeta additional capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2009
Listed
Aug 7, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010