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Ronnie
Ronnie is married and has one child. His wife is working abroad. Ronnie is happy to manage his business as a cell phone retailer. He sells cell phone units, electronic load, accessories, and provides services in phones repair. With his good service to his customers, his stall is known by the public. Ronnie always sees to it that his cell phone units for sale are branded or original. Ronnie dreams to expand the business into a bigger enterprise.

He is requesting a loan of PHP 50,000 to purchase new units of cell phones, accessories, and electronic load to sell. He believes that this loan will help him in reaching his dreams.

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
  • 1115
    View loans »
    Philippines Loans Fundraising
  • $54,636,050
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Ronnie to purchase new units of cell phones, accessories, and electronic load to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013