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Rosalia
Rosalia is 59 years old, married and the mother of five children.

Rosalia is a vegetable vendor for her neighboring clients. Due to her good quality work, she receives regular orders every month.

Her husband sells animals. He purchases pigs and then sells for a profit.

Rosalia has applied for a loan from KIVA partner ASKI for her husband, who will buy piglets and feed and raise them to sell later and earn a profit.

He has been operating his business for many years and Rosalia is very confident that a loan investment will help him earn more profits from his business.

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
  • 352
    View loans »
    Philippines Loans Fundraising
  • $50,982,700
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rosalia to buy sacks of feed and piglets for her hog raising business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012