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Rubelyn
Rubelyn engages herself in transportation and livestock businesses. She has been running her transportation business for nine years. Rubelyn is glad because her husband is supportive in improving their businesses.

Rubelyn would like to take out for a loan of PHP20,000 which will be used in the repair and maintenance of her side car and some of the amount will be used to purchase two piglets as an additional source of income. She hopes to get this loan amount so she can provide her passengers with a quality service, which will enable her to earn larger profits. This will serve to provide her family’s basic necessities and the education of her eldest child and some will be to save for their emergency purposes.

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
  • 281
    View loans »
    Philippines Loans Fundraising
  • $52,850,000
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rubelyn to be used in the repair and maintenance of her sidecar and in buying two piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013