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Teresita raises hogs and grows rice in her local community of Pangal Norte Echague. She has been a hog raiser for four years. Teresita is 51 years old, married to a farmer, and blessed with one child.

Teresita aspires to have a stable source of income someday because she's getting old already, but she still has the resources and strength to manage her hog raising and farming business. Teresita makes sure that all of her efforts and strategies are effective in the realization of her goal.

Teresita would like to take out a loan of PHP 7,000, allowing her to buy the necessary hog feed and essential vitamins to her raise hogs. She hopes to get this loan so she can continually improve her hog-raising business and obtain a greater income for her family's needs.

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
  • 289
    View loans »
    Philippines Loans Fundraising
  • $52,061,650
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Teresita to buy hog feed and vitamins for her raised hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 19, 2013
Mar 19, 2013
Currency Exchange Loss:
Oct 23, 2013