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Ginalyn
Ginalyn, age 33, raises hogs to earn an income. She has been engaged in this business for almost five years, and for every hog that she sells she earns a net profit of PhP 2,000. She lives with her husband, who is a farmer, and their two children.

She has requested a loan amounting to PhP 15,000 in order to purchase hogs to raise. She will apply her additional profits toward repairing her pig pens to ensure better shelter for her hogs. Generally, she applies her profits toward purchasing hog feed.

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
  • 1308
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Ginalyn to purchase hogs to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013