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Maryjane
Mary Jane operates a hog-fattening business as a source of income. With this business, she is able to help her husband in providing for the needs of their family. Since they were blessed with four children, they had to double their effort to support them. From this situation, she needs to increase her income, but she lacks financial support to make her business grow.

Therefore, she is requesting a loan of PHP 12,000 to purchase additional hogs as well as the feed and vitamins to nourish them. The loan will be of great help in achieving high sales. In this way, she will be empowered to save money for her children's education.

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
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maryjane to purchase additional hogs as well as feed and vitamins to nourish them.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013