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Leona
Leona is 46 years old. Leona has been engaged in raising pigs as the main source of income for her family. Started with a sum of PHP 5,000, the business, through Leona's hard work and perseverance, today consists of two head of pigs and brings in about PHP 3,000 per month. With the goal of further developing her business, Leona is requesting a loan of PHP 20,000 to buy additional piglets to raise. Leona plans to invest the income from the loan to further expand her business by increasing the number of pigs.

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
  • 395
    View loans »
    Philippines Loans Fundraising
  • $50,833,200
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Leona to buy a piglet and feed for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013