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Rosel is an industrious mother. She is married and has four children who are attending school.

To earn a living, she established a fruit and vegetable stand near her house. She sells meat, fruits and vegetables. Her spouse helps her manage the business. Because she would like to keep diversifying her business, she is requesting a loan of 10,000 PHP. With this loan, she will buy bananas, beans, cabbages, tomatoes and chicken meat to sell. It will help her increase her profit.

Rosel's priority is to provide the best education for her children and she will be very happy to see them become professionals in their chosen career someday.

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
  • 1084
    View loans »
    Philippines Loans Fundraising
  • $57,648,050
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rosel to buy bananas, beans, cabbages, tomatoes and chicken meat to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 19, 2012
May 8, 2012
Currency Exchange Loss:
Nov 19, 2012