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Iluminada
Iluminada, 56 years old, is a patient mother with three children who are presently working and have own families. Iluminada manages a hog fattening and breeding business to earn a living. She doesn't want to rely on her children's remittances so she keeps improving her sales. Iluminada is now asking for a loan of PHP 30,000 to buy vaccines, medicines and feed to maintain her hogs. The vaccines and medicines given to her hogs will ensure good nutrition and allow her to offer them at a higher price upon disposal. Iluminada hopes to someday make her business grow very well to achieve income stability and the desired success in her life.

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
  • 946
    View loans »
    Philippines Loans Fundraising
  • $53,488,575
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Iluminada to buy vaccines, medicines and feed for her hogs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 15, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013