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Mercelita
Hog-raising is the primary source income for Mercelita; she is 41, and currently residing at San Fernando, Alicia. She is married to Ricardo, a father who works hard as a farmer. The couple is thankful because they had been blessed with four children. Mercelita raised her family through her business.

She has been running her hog-raising business for two years, earns PHP 2,500 per piglet.

Mercelita is asking a loan of PHP 7,000 to buy feed, vaccine, and vitamins to sustain the proper growth of her hogs. She hopes that she can obtain her desired loan to improve her hog-raising 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

  • $7,000
    Average annual income
  • 1509
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Mercelita to buy feed, vaccine, and vitamins to sustain the proper growth of her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013