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Marites
Marites has been a hog raiser for eight years. She is from the village of Villa Marzo, Cordon. Marites is happily married to Florencio. The couple was blessed with four children: two are studying, and the other two are working.

Marites manages a livestock business, and at the same time, buys and resells frozen foods such as hot dogs and dressed chicken. Her main goal is to increase her profit to be able to educate her two children and provide them comfortable living conditions.

Marites plans to buy two additional piglets and their daily hog feed maintenance, but her capital is not enough. She is asking for a loan of 10,000 Philippines pesos (PHP). She hopes to get this amount of loan so she could achieve her goal in life and with 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

  • $7,000
    Average annual income
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,151,425
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Marites to buy two piglets and hog feed for her livestock business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013