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Ofelia
For Ofelia, who has had a hog-raising business for almost ten years, “patience is the key to success”. She earns an income of PHP 5,000 for every sale of her raised pigs to buyers.

Ofelia is asking for a loan from Kiva lenders of PHP 12,000 in order to maintain the daily feed supply of her hogs. She hopes that her business continuously grows because her income in the business is really a big help to her family. Hog-raising is a good business to develop, said Ofelia. Thus she is doing her best to further improve the business into a bigger piggery.

Ofelia is married to Reynaldo Domingo who is a tricycle driver in the city. She is a good mother to their children and a good wife to her husband. Her three children are Esteban - 15 years old, followed by Florencio - 12 years of age, and Ever - 6 years old. The family currently lives in the simple place of Christine Village, Cauayan City. Ofelia hopes to maintain her family’s good camaraderie and become a more responsible resident of their community as well.

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
  • 1641
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Ofelia to use as additional business capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2009
Listed
Aug 24, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010