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Ligaya
Ligaya R. is from the village of Brgy. Mangayang, Dupax del Sur, Nueva Vizcaya. She is 44 years old. Ligaya is married and has 5 school-aged children. To make a living, Ligaya owns and operates a business raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for breeding. Ligaya has been engaged in her business for over 6 years and earns approximately 3,500 PHP a month for these activities.

In 2009, Ligaya joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Ligaya has successfully repaid a previous loan of 8,000 PHP from ASKI. This previous loan was used to purchase breeding livestock. Ligaya is requesting a new loan of 9,000 PHP which will be used to purchase livestock feed and other supplies. This loan will be the 2nd loan taken out by Ligaya from ASKI. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 branches covering the Central and Northeastern areas. Its clients are mostly of 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

  • $1175
    Average annual income
  • 1383
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Ligaya to purchase livestock feed and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 20, 2010
Listed
Nov 15, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011