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Mary Ann
Mary Ann, 47 years old, is married to a farmer and blessed with five children. They are currently residing in the village of La Paz. She manages a livestock business, particularly hog-raising, and she's been in this business for almost 15 years. She would like to avail a loan amounting to PHP 25,000 to purchase hog feed for her hogs. From every hog that she sells, she gets a net income of PHP 7,000. Her income is spent on their daily expenditures and also on allowances for their children. She's hoping that her requested loan will be granted so that she can able to repair the pig pens for her hogs.

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
  • 305
    View loans »
    Philippines Loans Fundraising
  • $52,087,775
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mary Ann to purchase hog feed for her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013