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Merlyn
Merlyn manages a hog raising business in her community as a way of helping her husband gain income for their family. She is 39 years old, and has three school-age children. She and her husband aim to send their children to school, and for them to finish a college degree and have good paying jobs someday.

To fulfill this, she decided get a loan of P10,000 to buy additional piglets, feed, vitamins, and vaccines for her hogs.

She believes that her loan will enable her to improve the business and hopes that someday she will become financially stable.

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
  • 281
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Merlyn to buy additional piglets, feed, vitamins, and vaccines for her hogs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 30, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013