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Annie
Annie manages a wine-making business, a piggery and a farming business. She has two hectares of rice field and raises six sows, 12 fattening pigs and 20 piglets. According to her, she stands as both father and mother to six children since her husband died due to an accident. Annie's focus and determination pushes her to strive to improve her businesses.

Annie's main goal is to increase her sales and profit. To achieve all her goals, she is asking for additional capital in the amount of PHP 30,000 which will be used in purchasing sugar, empty bottles, and 'bignay' fruit for her wine-making business. She knows that through the amount she's requesting, she could be able to develop her wine-making business and become a popular manufacturer of wines within her locality and nearby municipality.

Annie believes that her sacrifices and patience will lead her to become a better entrepreneur 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

  • $7,000
    Average annual income
  • 1247
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Annie to purchase sugar, empty bottles, and 'bignay' fruit for her wine-making business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 19, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013