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Nena
Nena, 48 raises hogs as a source of income. She sells them after four or five months, earning about 2,000 PHP for each hog she sells.


Nena would like to make her business more profitable, so she is asking for a 5,000 PHP loan from ASKI to buy more feed, medicine and vitamins for her hogs. She would like to keep her business profitable so as to afford the best education for her two children. She believes this is the best thing they could inherit from her.

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
  • 380
    View loans »
    Philippines Loans Fundraising
  • $50,744,100
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Nena to buy feed, medicine and vitamins for her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
May 9, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012