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Nora
Nora has been engaged in a hog-raising business to supplement her husband's income. She is 37 years old and has two schooling children. Despite the hardship of living, she and her husband aspire to improve their status of living and to educate their children. In this regard, she aims to acquire more pigs to raise. Due to capital insufficiency, she would like to get a loan of PHP 45,000 to buy hog feed, vitamins and additional pigs to raise. Being a patient and hardworking mother, she believes that someday she will further improve the business.

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
  • 1408
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Nora to buy hog feed, vitamins and additional pigs to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 15, 2014
Listed
Aug 8, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015