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Precilla P. and her husband are blessed with four children. The two oldest, Romulo, age 28, and Michelle, age 26, both serve as church ministers. The third, Ronalyn, is 24 years old and an education graduate who now teaches. The youngest, Jirha, is 13 years old and is studying as a high school freshman.

Precilla raises hogs and also farms both rice and corn. She has requested a loan of PHP 4,000.00 to support both businesses. Her goal is to expand her hog raising business to maintain her income and support the educational needs of her youngest child. Precilla said she must be strong and work hard in order to achieve her dreams, just like well-known entrepreneurs.

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
  • 1509
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 47.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Precilla to maintain her hog raising and farming businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 22, 2009
Feb 10, 2009
Currency Exchange Loss:
Aug 15, 2009