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Jennifer
Jennifer is 30 years old, married and gifted with three young children. She and her husband planned to strengthen their sources of income so that they will become financially stable to support their family needs. Being a responsible mother, Jennifer engages in a hog-raising business to supplement her husband's income. She has been in this business for almost 2 years and typically earns profits of 8,000 a month that she usually spends for the food, clothing and allowances of their children.

She aimed to continue and improve her business so that she will earn a higher income. Due to inadequate capital, she is asking for a loan of P12,000 to buy feed, vitamins, vaccines and additional piglets to raise. She believes that through patience and hard work, she will improve her business someday.

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
  • 251
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Jennifer to buy feed, vitamins, vaccines and additional piglets to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 27, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012