Check out other loans that are currently fundraising!
Ella Romero's Group
In this Group: Ella , Vergienia , Elson , Margilyn , Elma , Jocelyn
Ella is 26 years old and married. She has a general store where she sells products like toothpaste, soap, soft drinks and other commodities. Ella has been managing this business for over four years and she earns approximately PHP 5,000 monthly. Ella is requesting a loan of 12,000 PHP to purchase products like soft drinks, vinegar and soap to sell in their community. In the future, Ella hopes that her business will grow further for the benefit of her family.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Philippines

  • $7,000
    Average annual income
  • 1858
    View loans »
    Philippines Loans Fundraising
  • $61,075,150
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Ella Romero's Group's $1,675 loan helped a member to purchase products to sell like soft drinks, vinegar and soap.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 15, 2011
May 14, 2011
Currency Exchange Loss:
Oct 18, 2011