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Norma
Norma is 55 years of age and is widowed. She has seven children. Norma rears pigs in the Philippines and has been doing this for almost five years. She earns PHP 4,000 per piglet. She is asking for a loan of PHP 17,000 to purchase additional piglets to raise and to buy feed for them.

In the future, Norma hopes to improve this business so she can increase her income to support her children's needs. She is thankful that Kiva lenders offer financial assistance for her to strengthen her business. She hopes that she will continuously receive advice in her business to make it more viable and profitable.

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
  • 1454
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Norma to purchase additional piglets to raise and to buy feed for them.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 21, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013