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Carmelita
Carmelita is married and has four grown children. She is engaged in a livestock business, raising piglets, fattening and selling them. Carmelita finds joy in performing her livestock business which is why, up to the present, she is managing the business.

Carmelita's dream in life is to have a sow to breed. In this regard, she is asking for a loan of PHP 25,000 to buy piglets to raise to become sows. Carmelita hopes that the loan will serve as a step in attaining her dream.

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
  • 1133
    View loans »
    Philippines Loans Fundraising
  • $54,688,850
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Carmelita to buy piglets to raise to become sows.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013