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Teresita
Teresita is 52 years of age, married and has five children. Her children are adult age. Teresita’s husband is a farmer, they both managing their farm business, primarily raises corn crops.
With her determination to uplift their living and smoothly carry out from poverty, Teresita engaged herself in hog raising business. She considers it as additional source of income of the family. Teresita is continuing her good attitude for the better future of her family.
With regards to her hog raising business, Teresita is asking for a loan of P45,000 to buy additional piglets to raise and feed for the maintenance of her hogs. She hopes to maintain the business and maintain her additional source of income as well.

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
  • 361
    View loans »
    Philippines Loans Fundraising
  • $52,140,475
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Teresita to buy additional piglets to raise and feed for the maintenance of her hogs.
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