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Elena's dream in life is to have comfortable living conditions and have a stable source of income, because she's already getting old. She raises hogs, grows rice crops and has a 500 square meter fishpond.

Elena would like to have continuous business improvement. With regard to her goal, she is seeking additional capital of 15,000 Philippine pesos. She will use this loan to buy essential livestock supplies such as hog feed and vitamins to ensure proper growth of her hogs upon reaching their maturity date. She knows that she can fulfill her dreams in life through her hard work and with continuous access to financial services from lenders.

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
  • 725
    View loans »
    Philippines Loans Fundraising
  • $63,194,275
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Elena to buy essential livestock supplies such as hog feed and vitamins to ensure proper growth of her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jan 15, 2013
Jan 30, 2013
Currency Exchange Loss:
Apr 30, 2013