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Hermina
Hermina believes that investment is compared to a treasure that is quite useful when you are badly in need. She is happily married and generally has nine adult-aged children. With her investment in business, she is hoping to help her children in time of their needs. Hermina and her husband lives together in the village of La Salette, Benito Soliven, Isabela.
Hermina is involved in raising of hogs in their village. She has two hogs so far and she is still hoping to increase their numbers when her loan amounting to PHP4,000 will be granted. She also hopes to have supply of feeds so that she won’t encounter any problem anymore in times of shortage. She aims to uplift their living condition someday with the help of her husband, lenders and most especially with our merciful God.

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
  • 1460
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Hermina additional capital to buy more pigs and feeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2009
Listed
Oct 12, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010