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Erlinda
Erlinda is 55 years old and has a child. She is raising hogs to acquire an income. She had been in her business for over 10 years now. She usually gains PHP 2,000 for each hog sold. Now, she hopes to keep making her sales profitable and she is asking for a loan of PHP 12,000 to invest in her business. She will buy feed and vaccines for her hogs. This will help maintain good nutrition for the hogs and she can sell them at a profit upon maturity.

Though she only generates a minimal income from her business, Erlinda continuously works toward better sales to achieve financial stability someday.

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
  • 354
    View loans »
    Philippines Loans Fundraising
  • $50,890,275
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Erlinda to buy feed and vaccines for her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 3, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013