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Rosana
Rosana is business minded person. She is married to Andres and they have been blessed with four grown up children. Two of her children currently go to school, another one is working and one is married.

Rosana makes herself busy in running her general store. She has been engaged in this kind of business for 14 years.She is really thankful to God, because she is able to sustain their basic necessities through the profits gained from her store. Some of her gained profits are used to the daily maintenance of her raised hogs, allowances of children and for the repair and maintenance of her transportation business.

Rosana would like to have continued improvement of her business, so she is asking for another loan amount of PHP50,000. This amount will be used to purchase merchandise such as cooking oils, soft drinks, breads, canned goods and soap for her general store. This will really be a great help in increasing her profits. She hopes that, as time goes by, she can maintain her general store, so that she can give her two children a quality education and a better way of living.

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
  • 239
    View loans »
    Philippines Loans Fundraising
  • $50,669,475
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rosana to buy merchandise such as cooking oils, soft drinks, breads, canned goods and soap for her general store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013