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Myrna
Myrna and her husband are both farmers who live in a rural community. She is 49 years old and has three school-age children. Due to financial difficulties, she is involved in the hog-raising business to earn additional income. She planned to raise more pigs to sale but she did not have enough capital. For this reason, she is asking for a loan of P10,000.00 to buy feed, vitamins and vaccines needed for hog-raising. She is hoping that her loan will be a great help for her to improve the 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
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,151,750
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Myrna to buy the feed, vitamins and vaccines needed for hog-raising.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013