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Edna
While her husband works as a carpenter, Edna is very happy managing her hog-raising business. Aside from that, Edna sometimes cooks food and sells it in their village as an extra source of income. The couple already has a child whom they really love. According to them, they are working double time to provide for the needs of their child. Edna desires to generate more income; thus, she is requesting a loan of PHP 20,000 to buy feed for her hogs. She believes that with sufficient feed, her hogs will grow healthy, which will result in a higher 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

  • $7,000
    Average annual income
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,895,900
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Edna to buy feed for her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013