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Erlinda
Erlinda is 58 years old. She manages a hog-raising business to generate income, while her husband manages a rice farming business. She has operated this business for 4 years and usually earns a profit of 8,000 PHP a month, which she usually spends for their basic necessities.

Erlinda wants to buy 2 more hogs to care for, but due financial difficulty, she is asking for additional capital of 15,000 PHP to buy hogs, vitamins and feed. She hopes that this loan will help her to improve the business and elevate their living condition.

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
  • 1459
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Erlinda to buy hogs, vitamins and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013