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Luz
Luz is recognized as a responsible mother of her four children. She is happily married to Celso, a father who is busy managing their farmland. To help her husband, Luz is engaged in a hog-raising business. She has been in this business for five years and usually earns about PHP 2,500 per piglet. Right now, Luz is asking for a loan in the amount of PHP 15,000 to buy feed and vaccine to sustain her hogs. She hopes that this will make them fit and nourished to provide higher sales at disposal, and she hopes to grow her business to secure her family living.

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
  • 1235
    View loans »
    Philippines Loans Fundraising
  • $57,784,900
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Luz to buy feed and vaccine to sustain her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013