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Revelyn
Revelyn ventures into hog raising business and it is situated in their house at Barangay Minante 2, Cauayan City. Revelyn is already 28 years old. She is married to George S. a tricycle operator. They have three children namely; Angeline, 8 years old, and Emmalyn, 6 years old, both elementary students in their village and the youngest is Althea Mae S., 2 years old.

Her primary business is hog raising but she also hopes to restart her defunct poultry business. Due to lack of financial capital she was forced to stop her poultry operations then. She then decided to borrow a loan of PHP5,000 to maintain her hog raising business since this is also her way of assisting her husband earn extra income for their family. She is so brave in pursuing the business despite the price increase of commodities and some inputs nowadays believing that “hardship is not destroyed by a single failure or won by a single care, it’s a lifetime venture in which you are always learning.”

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
  • 276
    View loans »
    Philippines Loans Fundraising
  • $52,850,000
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Revelyn business maintenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2009
Listed
Mar 12, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009