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Nena
Nena is a hard working mother who engages in hog-raising to help her husband in financing the education of their seven children. As a responsible parent, they aim to educate their children and give them a better life. Due to the high cost of school fees, Nena aimed to strengthen the business and generate sufficient income. Due to financial insufficiency, she is asking for additional capital of P 30,000 to buy feed, vitamins and additional piglets to raise. She is hoping that her loan will be a great help for her to improve the business and hoping that someday, she will make it more viable and profitable.

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
  • 528
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Nena to buy feed, vitamins and additional piglets to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
May 4, 2013