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Rosemelita
Rosemelita is 54 years old. She is married and has three children. She lives with her family in Naguilan and she operates a sari-sari store business as a source of income. She has been doing this for four years. Rosemelita only receives P1,000 every month, which is not enough to pay for her family's expenses. Right now, she is requesting a loan of P25,000 to purchase detergent soap, toothpaste, shampoo, canned goods, sweets, and candies for her business. She hopes that she can get the amount she requested in order to achieve higher proceeds to cover all of the family's expenses.

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
  • 1417
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rosemelita to purchase detergent soap, toothpaste, shampoo, canned goods, sweets, and candies for her sari-sari store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013