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Rozel
Due to financial difficulty, Rozel engages in a hog-raising business to generate additional income for her family. She is 34 years old and has two school-aged children. They plan to improve their poor living condition to educate their children and give them a better life. In this regard, she plans to raise more piglets and sell them in the future. Due to insufficient capital, she is asking for an additional P38,000.00 to buy additional piglets, feed, and vitamins needed in hog-raising. Despite problems and difficulties in life, she has the determination to improve the business and hopes that someday she will make the business grow and be a viable source of income to continue sending their children to school and give them a bright future.

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
  • 286
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Rozel to buy additional piglets, feed, and vitamins needed in hog-raising.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013