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Rowena
Rowena is married to Angelito A. and they are fortunately blessed with an only child named Owen Angelo. He is now 8 years old and is currently attending the elementary level of education. Her husband is operating a passenger transport business where most of the passengers are students going to and from their village to school in their town proper. Rowena is engaged in a typical village store business. She provides most of their daily basic necessities at home while some of her income was used to send her children to school. She is thankful for having her business beneficial to her family needs, and she hopes to sustain the business for their growing needs, especially when her two children go to college. Her dream is to become a successful businesswoman and give her children a better future someday.

She is requesting additional business capital for her store from Kiva. She hopes to improve her business and sustain it for the future welfare of her children. She knows that being patient and working hard are the keys to a successful enterprise, thus Rowena keeps doing her best to able meet the standards in managing business.

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
  • 349
    View loans »
    Philippines Loans Fundraising
  • $52,140,900
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rowena additional capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2009
Listed
Jul 31, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010