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Due to financial difficulty, Stephany engages in a hog-raising business to supplement her husband's income. She is 33 years old and has three school-age children. Being responsible parents, they aim to educate their children and give them a better life. For this reason, Stephany planned to improve and strengthen her business to generate sufficient income. To improve the business, she is asking for additional capital of PHP 40,000 to buy feeds, vitamins and vaccines needed in hog-raising. She believes that this loan will enable her to improve the business, and she is hoping that she will become successful in the 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
  • 367
    View loans »
    Philippines Loans Fundraising
  • $66,137,075
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Stephany to buy feeds, vitamins and vaccines needed in hog-raising.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Feb 19, 2013
Feb 19, 2013
Currency Exchange Loss:
May 3, 2013