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Myrna is 40 years old and married to Rodel who is working in a funeral parlor and part-time as a tricycle operator. They have three children: Richard - 23 years old, college graduate; Rodelyn - 20 years old, H.R.M. graduate and their youngest daughter Rachelle - 18 years old, third year college student. Her family resides in Barangay Research Minante 1, Cauayan City.
Myrna would like to borrow a loan of PHP15,000 for the improvement of the hog raising business that she has been managing for almost three years. She believes that this amount will really help her maintain her business and increase her income.

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
  • 468
    View loans »
    Philippines Loans Fundraising
  • $69,802,850
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Myrna business Capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 4, 2009
Jul 1, 2009
Currency Exchange Loss:
Dec 15, 2009