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Due to financial constraints, Romana aimed to improve her business to generate sufficient income and help her husband to finance the education of their children. She is now 39 years old and is blessed with six children. She and her husband aim to strengthen their sources of income so that they can continue to send their children to school and give them a bright future. In this regard, Romana plans to buy and sell more agricultural supplies and rice. She is asking for additional capital of 25,000 PHP to buy feed, fertilizer, rice and insecticide for resale. She believes that this financial assistance will help her to improve her business, and she hopes that she will become successful in managing her business.

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
  • 1411
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Romana to buy feed, fertilizer, rice and insecticide for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 11, 2012
Nov 3, 2012
Currency Exchange Loss:
Apr 22, 2013