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Leticia
Leticia is an industrious mother who supported her husband in generating income. She is 59 years old and is blessed with three children. Due to financial difficulty, she has engaged herself in a hog-raising business to generate additional income. She planned to raise more pigs to sell, but she has does not have enough capital. For this reason, she is asking for a loan of PHP15,000 to buy hog feed, vitamins, vaccines and additional pigs to raise. She believes that her loan will be granted in order to improve the business and make a viable source of 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

  • $1175
    Average annual income
  • 300
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Leticia to buy hog feed, vitamins, vaccines and additional pigs to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 28, 2013
Listed
Jun 26, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013