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Rosario
Rosario is married and blessed with four children. She is a diligent mother who has no other desire than to lift her family’s standard of living.


For over ten years Rosario has run her sari-sari store. She usually sells canned goods, bread, spices, drinks and cooking oil. While her earnings depend on the availability of products, she regularly earns more than 10,000 PHP a month.


Rosario wants to increase her earnings. She is asking for a loan of 30,000 PHP to buy additional products to sell in her village.

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
  • 301
    View loans »
    Philippines Loans Fundraising
  • $52,217,850
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Rosario to buy additional products to sell in her village.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012