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Grace
Grace is 48 years of age, married and blessed with four children.

She has managed a hog-raising business for 10 years now. She usually earns PHP 8,000 from selling pigs every four months when they reach full growth. She uses her income to maintain the immediate needs and studies of her children.

Grace is requesting a loan of PHP 15,000 to purchase piglets to raise and feed so that she can earn a higher income and save for unexpected emergencies.

She dreams of fully providing for her children's needs in school as they complete their education, which will be serving as the key to a bright future for them.

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
  • 1117
    View loans »
    Philippines Loans Fundraising
  • $54,595,750
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Grace to purchase piglets feed for her pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2011
Listed
Jul 29, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012