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Beatriz
Beatriz is 52 years old, married to a farmer and blessed with three children. She is very industrious wife and mother. She has enabled her children to finish their desired courses through her hard work.

She has been operating her hog fattening business for five years and earning an average net income of PHP 10,000 each selling season.

She herself finished her elementary grades and never entered secondary education due to poverty. So she is being patient in her work because, as she says, a lot of money comes from pigs; just be patient and industrious. She is not a degree holder nor a college graduate but is earning a high amount of income.

She is asking for a loan of PHP 7,000 to buy five more hogs to raise in order to earn more income for the betterment of their lives.

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
  • 1296
    View loans »
    Philippines Loans Fundraising
  • $57,926,225
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Beatriz to buy five more hogs to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Sep 5, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012