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“Time is gold” is a quotation that Vicenta applies in her life. She is 44 years old and married to Fernando, who is a farmer. Together, they have three children. Farming is the main source of income to their family. In order to provide for the growing needs of their family, Vicenta and her husband decided to start a hog raising business.

Vicenta would like to request a loan amounting to PHP 8,000.00. She will use the loan for the maintenance of her hogs and to buy enough feed for their growth. She is also planning to purchase new piglets for additional income. She is very patient in raising the hogs because she knows that raising them is a big help in meeting her family's needs in a sustainable manner. Vicenta believes that by utilizing her time wisely in her business, she will become successful in her business endeavor.

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
  • 865
    View loans »
    Philippines Loans Fundraising
  • $63,390,150
    Funds lent in using Kiva
  • 48.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Vicenta additional capital to support hog raising.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 24, 2009
Aug 19, 2009
Currency Exchange Loss:
Feb 15, 2010