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Mara
Mara is 30 years old and single. Wanting to help her parents financially, she became engaged in a hog raising business for more than five years. Mara wants to maintain her business but has had insufficient capital for her hogs' feed. Mara decided to take out a loan of PHP 30,000 to continue her business and maintain her supply of feed for the hogs. Mara hopes to succeed in her business so that she may attain her desire of having a continuous source of income.

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
  • 1502
    View loans »
    Philippines Loans Fundraising
  • $56,687,475
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Mara to maintain her supply of feed for the hogs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 13, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2012