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Romelita
Romelita is 54 years old. She is married and has six children.

Romelita started her business by selling vegetables. She bought vegetables in the markets and made rounds in their village. When she got tired of making rounds with her vegetables, she decided to put up a small sari-sari, or general, store in her village. She has been in business for 20 years.

Romelita sells biscuits and beverages. With her determination to gain additional profits, she also cooks glutinous cake to sell. Romelita would like to borrow 17,000 PHP in order to buy spices, canned goods and soft drinks for her sari-sari store business. Romelita hopes to improve the business and increase her profit for her family’s future.

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
  • 296
    View loans »
    Philippines Loans Fundraising
  • $52,091,300
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Romelita to buy spices, canned goods and soft drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013