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Milagros
Milagros and her husband are blessed with four children. They live in the village of Salvacion. Milagros raises pigs and also farms rice and corn. She has requested a loan of 48,000 PHP to purchase feed and additional piglets to support her business. Her goal is to expand her pig-raising business to maintain her income and support the needs of her family. Milagros said she must be strong and work hard in order to achieve her dreams, just like well-known entrepreneurs.

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
  • 1285
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Milagros to purchase feed and additional piglets to support her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 14, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013