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Estrelita
Estrelita is a woman who has a strong faith and determination in life. She is 47 and has four school-age children. Her ambition in life is to become successful in the future. The main sources of their living is through farming. She engages herself in a hog-raising business while her husband manages their farm. She has been in this business for more than nine years and usually earns profits of about PHP8,000 a month, which used to satisfy their needs and finance the education of their children. Now, due to financial difficulties, they need to work hard and strive harder to support the education of their children and satisfy their basic necessities.

She wants to strengthen her hog-raising business to supplement her husband's income. She is requesting a loan of PHP30,000 to buy feeds and vitamins needed in hog-raising. She mentioned that the loan will be a great help for her to make an improvement in her business. She hopes that she will make her business grow and be successful in the future.

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
  • 1399
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Estrelita to buy feeds and vitamins needed for her hog-raising business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 22, 2011
Listed
Nov 3, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 21, 2012