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Marcelina
At the age of 33, Marcelina is still single. She is the breadwinner of the family because her mother is too old and has been ill. To sustain the needs of the family members and the medication of her mother, Marcelina went to Manila and worked as a sewer. She went back to the province to take care of her mother and made a decision to put up a business for a source of income. Nowadays, Marcelina has been managing her business raising hogs for over eight years. She desires to increase her income by buying additional piglets to raise. Marcelina is requesting a loan of PHP 15,000 to buy additional piglets to raise. She hopes that this loan will help her expand her business and increase her income to sustain her mother’s medication.

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
  • 1262
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Marcelina to buy additional piglets to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 12, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012