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Marites
With the desire to experience a good quality of life, Marites is engaged in a hog-fattening business as a source of income. She has been in this business for five years and is longing for a better income through this business.

Now, Marites is asking for a loan of PHP 7,000 to buy feed, vitamins and medicine to nourish her pigs and make them healthy. Hopefully, she can dispose the pigs at a profitable price soon.

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
  • 313
    View loans »
    Philippines Loans Fundraising
  • $50,733,125
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Marites to buy feed, vitamins and medicine.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013