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Imelda
Imelda is 55 years old, married and has four children. To provide their daily basic needs, Imelda is selling laundry soap in their village. Her husband grows rice in their field. Imelda also manages a hog raising business as her family additional source of income. She has been eight years in raising pigs and usually invests her income in farming. Imelda wants to continue operating her hog raising business and further provide for their farm needs. For this purpose, Imelda is requesting a loan of PHP 20,000 to buy piglets to raise and feed for the hogs. Imelda aims for the growth of her both businesses.

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
  • 866
    View loans »
    Philippines Loans Fundraising
  • $54,407,150
    Funds lent in using Kiva
  • 44.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Imelda to buy piglets to raise and feed for the hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
Jun 25, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014