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Vilma
Some women get married early, but Vilma just married at the age of 36. With her desire to help her parents financially, she went abroad and worked as an OFW (Overseas Filipino Worker) for almost three years. She came back to the Philippines and decided to start a business to serve as her source of income.

Vilma started her business when she was still single. She had only one pig until the business became established and she has expanded it by adding more piglets to raise. Vilma has been in the business for almost 30 years. Vilma now has six pigs to raise for fattening. With the high cost of feed, Vilma is asking for a loan of PHP 20,000 to buy feed for her hogs. She believes that the loan will be a big contribution to maintain her business and continue it as her source of income.

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
  • 906
    View loans »
    Philippines Loans Fundraising
  • $53,387,825
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Vilma to buy feed for her hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 22, 2011
Listed
Oct 8, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012