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Benida
Benida is 51 years old and has four school-aged children. She and her husband aim to improve their living conditions in order to continue sending their children to school. In this regard, Benida engages in the hog-raising business to generate income. Due to the high cost of commodities and school fees, she planned to acquire more piglets to raise, but she has inadequate capital. For this reason, she is asking for additional capital of PHP 35,000 to buy feed, vitamins and additional piglets to raise. She believes that her loan will be granted in order to make her business grow.

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
  • 245
    View loans »
    Philippines Loans Fundraising
  • $53,045,000
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Benida to buy feed, vitamins and additional piglets to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 29, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013