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Madelyn
Madelyn is 40 years old and engaged in hog fattening. Because of experiencing food scarcity with her family, she has been doing this to earn income. She wants to raise more hogs to earn more income. She was grateful to know about Alalay Sa Kaunlaran Inc. who are helping the needy like her. So Madelyn is asking for a loan amount of P 7,000 to buy three pigs to raise. She hopes this will be a stepping stone to fight poverty.

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
  • 903
    View loans »
    Philippines Loans Fundraising
  • $53,402,900
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Madelyn to buy three pigs to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013