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Perla
Perla considers her family as a treasure that she needs to keep and take care of. She is engaged in the hog-raising business, for she believes that in this way she can support the needs of her family especially in sending her children to school.

She is 39 years old and has three children. Her husband is working as a farmer and they are helping one another to meet the needs of their family. She is not able to send two of her children to high school due to lack of financial resources. Fortunately, she learned about Kiva lenders who can provide her with business capital. At the moment she is asking if she can borrow PHP 20,000 for her hog-raising business. She hopes that her business will continue to grow and that she can maintain it for the family's welfare.

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
  • 1399
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Perla to buy additional piglets for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 6, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013