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Emma
Emma is 60 years of age and is blessed with three adult children. She lives with one of her children because she is separated from her husband due to family conflicts and problems. Despite this, she has the determination to uplift their status of living and support her children to give them a better life. She involves herself in raising hogs to generate income. She has been in this business for almost 15 years and usually earns a profits of PHP 12,000 a month that she uses for their daily consumption and to save for future emergencies.

She plans to acquire additional piglets to raise and sell in the future, but having inadequate capital, she wants to ask for an additional PHP 40,000 to buy feed, vitamins, vaccines and additional piglets to raise.

Being a hardworking mother, she believes that she can improve the business and become successful in the future.

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
  • 1163
    View loans »
    Philippines Loans Fundraising
  • $54,849,700
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Emma to buy feed, vitamins, vaccines and additional piglets to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 24, 2012
Listed
May 7, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012