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Erminia
Erminia is 59 years old and a very productive woman. She operates a hog fattening business to earn income for her family. She is dreaming of a better living someday, so she patiently works hard in her business.

She is borrowing a loan of P15,000 to invest in her business. She will buy two more hogs, feeds and vitamins. She hopes this loan will be approved and she promises to pay on time. She is hoping for financial stability that she will achieve 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
  • 424
    View loans »
    Philippines Loans Fundraising
  • $52,697,300
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Erminia to buy two more hogs, feeds and vitamins.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Apr 2, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012