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Rosita
Rosita is 49 years old and already a widow. Her husband passed away in 2006 and she was left with their two children. Her daughter Cheryl is 21 years old and Maricris is 19 years old. They live in Barangay San Rafael (Cabisera 17-21), Ilagan, a rural and mountainous village.

Rosita manages a school canteen during school days and sells snacks in their village on weekends and during summer. She has been in this business for ten years and is still aiming to make it grow to save for her childrens' education and family needs.

She is requesting a loan for 27,000 PHP to improve her vending business by purchasing raw materials needed to make snacks and cook food to sell in the village. According to her, she could achieve her goals in life by being patient and industrious. She knows that God will remain by her side to guide her and her family in reaching their dreams in life.

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
  • 1305
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rosita to purchase raw materials needed to make snacks and cook food.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012