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Martina
Martina is 40 years old, married, and has four school-age children. She and her husband aim to improve their standard of living and educate their children. Due to financial challenges, Martina engages in the hog-raising business to generate additional income. She wants to raise more pigs to sell, but she does not have enough capital. For this reason, Martina is asking for an additional loan of PHP 50,000 to buy the necessary feed, vitamins and vaccines, as well as additional piglets to raise. Through patience and hard work, Martina believes that, some day, she will improve the business and make it a more viable source of income.

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
  • 340
    View loans »
    Philippines Loans Fundraising
  • $52,191,675
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Martina to buy feed, vitamins and vaccines, as well as additional piglets to raise and sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 19, 2013
Currency Exchange Loss:
Possible
Ended:
May 3, 2013