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Ronalyn
Ronalyn intends to improve her business to make it a practical source of income. She is 24 years old and has one child.

To improve her business, Ronalyn is asking for additional capital of 8,000 PHP to buy more bananas to sell in the village. She also wants to purchase MSE (Marikina Shoe Exchange) and Avon products as her additional source of income. She hopes that her requested loan will be approved. This will be a great help to improve the business, and she is hoping that she will be successful for the sake of her child and soon children.

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
  • 1404
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Ronalyn to buy more bananas to sell in the village.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013