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Rosita
Rosita believes that "hardships and difficulties are not hindrances to success." She is 54 years old and has 10 grown-up children. Rosita has been engaged in a hog-raising business for almost 11 years. She usually earns a monthly profit of PHP 10,000, which she spends on food, clothing and allowance for her youngest child, who is still studying.

Due to the high cost of commodities and school fees, Rosita needs to improve her business to earn sufficient income. She is therefore requesting additional capital of PHP 30,000 to buy more piglets to raise and necessary feed and vitamins for hog-raising. Rosita hopes that someday her business will grow and become a viable source of income.

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
  • 1289
    View loans »
    Philippines Loans Fundraising
  • $57,916,375
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Rosita to buy additional piglets, pig feed and vitamins.
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