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Cheryl
Cheryl dreams of having a strong and firm foundation for her family and to have more investments for her children’s future. She has four children and all are attending school. Her husband is an Overseas Filipino Worker (OFW) and she spends most of her time raising livestock to help finance her family's growing needs while at the same time, showing her motherly love and teaching responsibilities to their children.

She has been in the hog-raising business for 30 years. Initially, she started it with just a small and weak pigpen located in their backyard. Now, Cheryl has established a concrete pigpen and has been able to grow it according to her plan. She is asking for a loan of 40,000 PHP to buy sacks of feed for the maintenance of her hogs. She also plans to use the loan to further expand her pigpen to accommodate new piglets. In this simple way, Cheryl knows that she has been helping her husband in supporting their needs and in improving their living situation. She hopes that as a result of their struggles, their children will study harder and may they graduate soon.

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
  • 1075
    View loans »
    Philippines Loans Fundraising
  • $57,661,375
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Cheryl to buy sacks of feed for the maintenance of her hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013