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Irene has been a hog-raiser for more than five years. This time, she raised one fattening because she had disposed of her other hogs. Her family's main source of income comes primarily from her farming and hog raising business.

Irene's gained profits are used for their daily household expenditures including an allowance for her youngest child, maintenance to her rice field, and she put up her home-based store. She is really glad and thankful to God for all the blessings she receives that pushes her to strive harder to be a better entrepreneur someday.

Irene would like to avail a loan of PHP 10,000 allowing her to buy stock hog feed, and some amount will be use to purchase various kinds of merchandise. She hopes to get this loan amount in order to save and educate her youngest child.

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
  • 367
    View loans »
    Philippines Loans Fundraising
  • $70,668,125
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Irene to buy stock hog feed and some amount will be use to purchase various kinds of groceries for her retail store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Sep 12, 2012
Sep 19, 2012
Currency Exchange Loss:
May 24, 2013