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Hermogena
Hermogena is 51 years old and is married to Bernardo, a father who manages their farmland. Hermogena lives in the village where she generates income. She has been in her street food vendor business for five years and usually earns about 2,000 PHP per week. Hermogena wants to have additional food to sell. To make it possible, Hermogena is asking a loan in the amount of 10,000 PHP to buy hot dogs, chicken meat, pork and eggs to resell. She hopes that she can get the amount she requested to further develop her business.

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
  • 1300
    View loans »
    Philippines Loans Fundraising
  • $56,301,400
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Hermogena to buy hot dogs, chicken meat, pork and eggs to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Sep 16, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013