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Rebecca
Rebecca and her husband have only one child who is presently taking the college level of education. Rebecca is now 45 years old and is married. Her husband works abroad somewhere in part of the Middle East as a furniture maker. Rebecca lives happily with her child, but she would be happier if they could live with her husband.

She does her best to develop her sari-sari (variety) store business. She manages her business well to help her husband in financing their needs. She hopes that someday she will make her sari-sari store into a large grocery, with many various commodities to sell.

Rebecca is requesting a loan of P12,000 to purchase canned goods, snack foods, drinks and spices to sell in her sari-sari store, which is located in front of their house.

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
  • 1383
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rebecca to purchase canned goods, snack foods, drinks and spices to sell in her sari-sari store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2011
Listed
Sep 22, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012