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Severina
Severina is a hog raiser in the village where she lives. She is now 52 years old, and is widowed with five children. She would like to ensure the good growth and nutrition of her hogs so she is asking for a loan of 15,000 PHP to buy feeds, vitamins, and vaccines for her hog-raising business. This will help her hogs grow healthier and when they achieve the desired weight, she can sell them at a higher price. This will lead to additional income. Severina would like to keep expanding her business as a successful hog raiser for the overall welfare of her family. From this, she will be able to save funds to use in times of emergencies.

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
  • 324
    View loans »
    Philippines Loans Fundraising
  • $52,185,750
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Severina to buy feeds, vitamins, and vaccines for her hog-raising business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 21, 2012
Listed
Dec 2, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013