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Candelaria
Candelaria is responsible for her family. She devotes herself to her hog-raising business. Her husband works as a farmer in the village. They both work hard to support their children's needs. Candelaria said that she will do everything to lift her family out of poverty, and that is why she is also engaged in buying and selling fish in the village. Candelaria is requesting a loan of PHP 10,000 to purchase feed and vitamins to sustain her hogs and to buy different kinds of fish to sell. She hopes that she can get the amount she has requested to further develop her business.

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
  • 312
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 44.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Candelaria to purchase feed and vitamins to sustain her hogs and to buy different kinds of fish to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013