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Josephine
Josephine is a modest person with a strong personality. She lives with her husband and two children in the village of Del Pilar.

Josephine is engaged in a hog-raising business that primarily involves hogs for breeding. It is a business she started 13 years ago. Now, she needs to increase her business, and this is why she is taking out a loan of 30,000 PHP in order to buy feed, vaccines, and additional hogs to raise. This business helps her because it's the only source of income she has to raise her family.

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
  • 953
    View loans »
    Philippines Loans Fundraising
  • $53,431,325
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Josephine to buy feed, vaccines, and additional hogs to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Aug 5, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012