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Zenaida A., from the village of Cabaruan, is 43 years old, married and has four school-aged children. To make a living, Zenaida owns and operates a business venture raising pigs for fattening and sale. Engaged in her business for over a year, she earns approximately 4000 PHP monthly.

In 2009, Zenaida joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan of 4000 PHP from ASKI that was used to purchase baby livestock to raise and sell in the future, she is now requesting her third loan of 8000 PHP to be used for the same purpose. Zenaida plans to use the additional revenue generated from the business to improve/expand the business.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 34 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fisherfolks and small entrepreneurs.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 936
    View loans »
    Philippines Loans Fundraising
  • $63,405,800
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Zenaida to purchase baby livestock to raise and sell in future.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 24, 2010
Oct 21, 2010
Currency Exchange Loss:
Apr 15, 2011