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Jovelyn
Jovelyn is engaged in a hog-raising business. She started with only one piglet that she raised as a sow for breeding. Every time her sow gives birth, she separates five heads to raise for fattening and sale when in times of financial crisis. Jovelyn has been seven years in this business.

Jovelyn wishes for a loan of PHP 31,000 to buy feed for the maintenance of her hogs. She hopes to prosper with the business she has now and be able to give a comfortable living to her three children.

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
  • 1521
    View loans »
    Philippines Loans Fundraising
  • $56,687,475
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Jovelyn to buy feed for the maintenance of her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013