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Marcelina
Marcelina has been 29 years in farming business. She raises corn and rice in her farm. To further support her children needs in school, Marcelina expand her business into raising of pigs.
With her earnings in her hog raising of pigs, Marcelina is able to finance her children fees in school. Her business serves as her helper every time she has emergency needs. When times of payment for tuition fees in school, Marcelina sells her pigs to pay immediately her children fees in school.
Marcelina’s hog raising business is a big help for her in able to continue sending her children to school. Due to costly hogs feed now, Marcelina is asking for a loan of P50,000 to buy additional piglets to raise feed for maintenance of pigs. She wishes that she could maintain the business until her children finish their education.

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
  • 1441
    View loans »
    Philippines Loans Fundraising
  • $59,259,575
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Marcelina to buy additional piglets to raise feed for maintenance of pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 1, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2012