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Roselle
Roselle is 29 years old and married with one child. They live harmoniously in a rural community where she can sell rice, feed, insecticides and fertilizers. She has been operating the business for almost ten years and usually earns a profit of PHP10,000 a month. She uses the money to pay for their daily needs and to save for her child's future. She and her husband hope to increase their income so that they will satisfy their needs and start another business in the future. Roselle aims to improve her business to increase their income. She is asking for additional capital of PHP50,000 to buy insecticides, fertilizers, rice and feed for sale. She believes that this financial assistance will enable her to improve the business and hopes that someday she will be successful in her plan.

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
  • 1419
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Roselle to buy insecticides, fertilizers, rice and feed for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013