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Rose Ann
Twenty-three-year-old Rose Ann is a hardworking mother who deals in a sari-sari store business. She has run this business for a period of six years. She started this endeavor to earn profit for the development of their living as well as to save for the educational purposes of her two children. She says inadequate capital is the main factor affecting her business. Now, Rose Ann is requesting a loan of PHP 12,000 to buy flour, oil, salt, vinegar, breads, snack food, soft drinks and beverages to sell. In the future, Rose Ann hopes for a comfortable 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
  • 1170
    View loans »
    Philippines Loans Fundraising
  • $54,849,700
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rose Ann restock her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013