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Cheryl
Cheryl is a diligent mother of three children who is engaged in the livestock business. Cheryl is in her 30s and married. Cheryl's husband works abroad as a planning engineer. Cheryl wants to help her husband in just a simple way. She thought that by doing this, she would simply help her husband provide their needs.

At present, she is taking care of heads of hogs in their village. She doesn’t want to rely only on her husband's remittances, which is why she is asking for a loan of PHP 40,000 to buy feed for her hogs. Cheryl's dream is to have a stall in the market to extend the business and increase her income.

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
  • 1086
    View loans »
    Philippines Loans Fundraising
  • $57,639,825
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Cheryl to buy feed for her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013