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Lucena
Lucena is 57 years of age. She is thankful because she has been blessed with three children. Lucena is widowed for 13 years. She says that being single is very difficult but, Lucena makes her best to meet their needs. She is engaged in hog-raising business for 20 years and earns approximately PHP 8,000 every four months. She says that the most tiresome part is to clean the piggery every day. Aside from it, Lucena also engaged in her sari-sari store for two years for their additional income. She dreams to lift her family from poor living, that’s why she works hard through her businesses. She wants also to provide the necessities needed of her pigs, therefore she avail a loan amount P10,000 to buy feed, vaccine and vitamins for her pigs. She hopes this will make them fit and nourish to provide higher sales at disposing time, and she hopes to grow her business to secure her family living.

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
  • 1462
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lucena to buy feed, vaccine and vitamins for her pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 21, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012