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Lorelyn
Lorelyn is engaged in hog-raising business. She is married to F. and is a good mother to her children. Her family lives in Barangay San Jose in Santiago City. She is happy that God blessed her with a family that gets along well together because she believes that good relationships are an important part of a successful life.

The next step that she wants to pursue is expanding her business. However, due to a lack of financial capital, Lorelyn is now asking Kiva lenders for a loan of PHP 5,000 for the continuous growth of her hog-raising business. The amount will be used to buy feed and additional piglet. She hopes that Kiva lenders will grant her request.

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
  • 1149
    View loans »
    Philippines Loans Fundraising
  • $54,688,850
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Lorelyn additional Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2009
Listed
Aug 23, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010