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Marites
Marites is a responsible housewife who aims to improve her hog-raising business to supplement her husband's income. This is her way of helping her husband in financing the education of their children and satisfying their needs and wants.

She has been operating the business for almost eight years. She usually earns a profit of PHP 12,000 when she disposes of four head of pigs. She usually spent her income for her family's daily consumption and allowances of her children in school.

She aims to raise more pigs for sale, but she has not enough capital. Therefore, she is requesting a loan of PHP 30,000 to buy feed, vitamins, and additional piglets to raise.

Through this financial assistance, she believes she will make the business grow and become viable 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

  • $7,000
    Average annual income
  • 1047
    View loans »
    Philippines Loans Fundraising
  • $57,699,900
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Marites to buy feeds, vitamins, and additional piglets to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2012
Listed
Aug 9, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012