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Rosario
Rosario is 55 years old, married to Julio, and lives in Ilagan, Isabela. They are blessed with three children: Julie – 28 years old, a college graduate who works as a call center agent, Julio – 24 years old, a college graduate who works as a nurse, and Janica – 16 years old who is in junior high school.

Rosario says her canteen is situated in an urban area where there are many customers, especially during school days because many high school and college students come to her store. She is requesting a loan to purchase more and varied food items to sell in the canteen. This will increase her customers' purchases and the number of customers who come to her business.

“I dream to become a successful businesswoman someday so that I will be able to give my children a good future. That is why I really try hard," Rosario says. She hopes to open a grocery store next to her canteen.

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
  • 297
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Rosario to buy canned goods, snack foods, and drinks for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012