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Rowena
Rowena R. is 38 years of age, she manages a retail store in their village for almost six years,her weekly net income is PHP 1,500.00, she requested a loan amount of PHP 10,000.00 to purchase some grocery items to sell. She works hard for her family to support her family in their daily needs.

She is married to Reynaldo R., a barangay Captain in their village. They have one son named Reynald- 17 years of age, 2nd year college student. They are three family members residing together at San Francisco Cauayan City, a rural and plain area, 15 kilometers away from the city proper of Cauayan. She is optimistic when it comes to business. She said that we should anticipate a positive outcome in handling a small 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

  • $7,000
    Average annual income
  • 1508
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 46.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Rowena additional capital to purchase some grocery items to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2009
Listed
Oct 13, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010