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Rushel
Rushel is young businesswoman, yet single. She has operated her toy retail store for three years now. Her store is located at her village while her other one is located at Aritao Nueva Vizcaya.

Rushel aims to have a better way of living and to obtain an increased income so she could support her youngest sibling in her studies.

She plans to buy more stocks of groceries, clothing, and toys, but she has insufficient capital. So she is requesting a loan of PHP 17,000. This amount of loan is useful in the further growth of her retail store. Rushel hopes for approval of her requested loan.

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
  • 1160
    View loans »
    Philippines Loans Fundraising
  • $54,856,275
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rushel to buy more stocks of groceries, clothings, and toys for her retail business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2013