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Maria Charito
Due to insufficient income, Maria Charito engages in a hog-raising business to generate additional income for her family. She and her husband aimed to improve their business in order to continue sending their children to school and give them a bright future. Due to the high cost of commodities and school fees, they need to increase their income to so that they will cover their needs and finance the education of their children.

To improve the business, Maria Charito is asking for additional capital of PHP 27,000 to buy feed, vitamins and additional piglets to raise. Through this loan, she believes that she will be able to increase the number of pigs she has available for sale. She hopes that she will make it a viable and profitable source of income.

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
  • 1350
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Maria Charito to buy feed, vitamins and additional piglets to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013