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Angelita
“Nothing is impossible with God,” says Angelita B., a resident of the San Antonio province of Isabela. She is 46 years old and married to Frecisco B., a farmer. They have two children: Jemma and Jenny.

Angelita and her husband are trying to look for more opportunities to be able to send their youngest daughter to college. Angelita is engaged in a hog-raising business. To further improve it, she is borrowing a loan of 28,000 PHP (Philippines pesos). She plans to use the loan to purchase two piglets and feed. This will be of great help to her family as an additional source of income. She is hoping that through their savings, her daughter can pursue her college education. Life is difficult, but Angelita wants to prove that no matter how hard life is, she will survive together with her family by patiently struggling out from poverty.

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
  • 353
    View loans »
    Philippines Loans Fundraising
  • $50,755,825
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Angelita to purchase piglets and feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013