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Josephine
“Work hard to achieve the best,” is a quote lived by Josephine. She is engaged in a hog-raising business, an enterprise that she wants to expand through hard work, so that she can support the needs of her family, especially for the education of her children. She is 48 years old, and married to Romeo, a farmer, who also guides her in the hog-raising business. They have seven children.

Josephine is requesting a loan of 7,000 PHP that she will use to expand her business by purchasing additional hogs and feeds. She hopes and will strive hard to improve her business to meet the growing needs of her family, particularly since the prices of commodities are increasing.

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
  • 371
    View loans »
    Philippines Loans Fundraising
  • $50,755,825
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Josephine to purchase hogs and feed for business expansion.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013