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Teresita is a hog raiser and breeder of tilapia fingerlings. She started breeding tilapia fingerlings 20 years and has been engaged in hog raising for the past five years. Teresita failed to finish her studies due to lack of finances. But she never stopped having hopes and dreams in life; instead, her hardship has pushed her to strive hard for a brighter future. She is grateful that her sacrifices have helped her find a better way of living.

She is now raising one sow and four hogs. She would like to raise her hogs and fingerlings with complete nutrition. However, the capital allotted to her livestock business is no longer enough, which is why she is requesting a loan in the amount of PHP18,000. She will use her loan funds to buy aqua feeds for her fish and hog feed for her hogs.

She hopes that the loan amount she requested will be granted to help secure her family's future, most especially for the sake of her disabled child.

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
  • 1857
    View loans »
    Philippines Loans Fundraising
  • $61,010,950
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Teresita to buy aqua feed for her fish and hog feed for her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 17, 2013
Jan 30, 2013
Currency Exchange Loss:
Aug 23, 2013