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Ofelia is a hard-working mother who is engaged in the hog-raising business to generate additional income. She is 45 years old, married, and has three children. Two of them are still studying. Ofelia and her husband want them to earn degrees, so that they will be employed someday.

Due to the high cost of school fees, Ofelia aims to improve her hog-raising business to increase her income. To improve the business, she is asking for additional capital of PHP 20,000 to buy feed, vitamins, and vaccines needed in hog-raising.

Through this loan, Ofelia believes that she will be improving the business. She is hoping that, someday, she will become financially stable and her children will have a bright future.

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
  • 326
    View loans »
    Philippines Loans Fundraising
  • $70,796,100
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ofelia to buy feed, vitamins, and vaccines needed in hog-raising.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Dec 26, 2012
Jan 1, 2013
Currency Exchange Loss:
Apr 29, 2013