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Mary Jane
Mary Jane is 38 years old and married. Her husband is a welder. Mary Jane manages a hog raising business, which she has been doing for 15 years. She earns a net income of 3,500 PHP per hog. Her profits are used for their food expenses and capital for her direct selling business, which she operates to earn additional income.

Mary Jane wants to improve her business but does not have enough capital, so she is requesting a loan for 20,000 PHP, which she will use to purchase hog feeds. She hopes that her business will continue to 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
  • 851
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Mary Jane to purchase hog feeds.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2013
Listed
Dec 2, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014