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Rose
Rose is 36 years old, married and has three children to educate. She has been in her business of selling different items such as slippers, frames and bags for five years. She usually earns about PHP 10,000 each month and has just enough for children's school fees, meals and bills at home.

She has insufficient funds now so she is asking for a loan of PHP 15,000 to buy boxes, frames, slippers, bags and accessories to sell. She would like to sell more items to improve her business and to be able to save for future expenses.

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
  • 1500
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rose to buy boxes, frames, slippers, bags and accessories to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 27, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012