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Perlita is a responsible housewife, and she has found a way of creating extra income. She runs a business raising pigs to sell. She has done this for almost two years, and earns a profit of 7,000 Philippines Pesos (PHP) per head sold. She uses this income for food, clothing and allowances for her two children.

Perlita would like to expand her business, but needs extra capital to do this. She is asking for a loan of 15,000 PHP to buy pig feed, vaccinations and additional pigs to raise. Perlita plans to continue to to manage her business well, and believes that the loan will help her to improve and grow her business.

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
  • 1603
    View loans »
    Philippines Loans Fundraising
  • $60,713,650
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Perlita to buy pig feed, vaccinations and additional pigs to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 17, 2012
May 1, 2012
Currency Exchange Loss:
Oct 16, 2012