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Marina
Marina is a loving mother. She is married and had eight children. Her youngest child still attends school, while the rest have settled into marriage and live separately from them.

To acquire profits, she is raising hogs to fatten and breed and then re-sells them to butchers at the village where they live. She wanted to keep improving her business, so that is why she is availing a loan of PHP 12,000. She will buy hog feed, medicines, and vaccines to ensure healthy hogs to raise.

It will boost up her profits and someday she will achieve a more profitable business and likewise improve their living conditions as well.

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
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,320,525
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marina to buy hog feed, medicines, and vaccines for sustainability.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013