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Maricel
Maricel is 35 years old and is married with three children. To raise her children, Maricel is engaged in hog-raising business. She has been in this business for three years and earns PHP 7,500 every 5 to 6 months. Maricel wants to have more hogs to raise, but she lack the necessary capital. In this regard, she is asking a loan in the amount of PHP 50,000 to buy additional hogs to raise and to buy feed for them. She hopes that she can get the amount she requested to further develop her business.

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
  • 503
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Maricel buy additional hogs and hog feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 23, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013