Check out some available loans that are similar to this one!
Quisel
Filipinos have been "balut" (unhatched eggs)-lovers over the years. Hence, Quisel has this business opportunity to put up the balut-making process.

There is a process before producing this product. Supplies of fresh eggs should be maintained, specifically from ducks' eggs. The eggs are incubated and will be harvested after 16 to 18 days, before they hatch in the incubator. The harvested balut will then be delivered to different balut retailers.

Quisel has been in this business for 20 years already. The business helps her in the support of her family. She had one dependent child who is in secondary level now.

The purpose of this loan is to buy ducks for producing eggs, since she can save by not having to buy fresh eggs from outside sellers who maintain their own ducks. Therefore, the production of balut is stable, since she already has fresh eggs. The ducks are transported to the rice fields at the end of every harvest so that they can feed. The eggs will be brought to where the incubator is located.

Additional Information

About Paglaum Multi-Purpose Cooperative

Paglaum Multi-Purpose Cooperative (PMPC) was founded in 1992 by the beneficiaries, parents and staff of the Paglaum Community Development Foundation to address economic and livelihood activities for sustainability. The organization operates in the northwestern provinces of Mindanao and Visayas.

In the local vernacular, “paglaum” means “hope.” The initial foundation is dedicated to child development through a holistic approach. The goal is to build self-reliance and expand opportunity so the poorest of the poor can help themselves.

Tags

About Philippines

  • $1175
    Average annual income
  • 339
    View loans »
    Philippines Loans Fundraising
  • $50,756,300
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Quisel to buy ducks for laying eggs for balut-making.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014