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Revelita
Patience and dedication has been Revelita's guiding principle for the smooth flow of her construction supply business.She is now 64 years of age, married with eight children. She is really blessed because all her children are professionals.

Revelita's business involvement is selling construction supplies, kitchen utensils and home appliances. She doesn't have her own stall to store the products she offers. She prefers instead a made to order strategy in selling her products. With her marketing strategy, she is able to earn a better income which serves to provide their daily household expenses, medication for her husband and their savings. Revelita aspires to a continuous improvement of her financial stability and increased sales so that she could make it a stable source of her family income.

Revelita's business grows smoothly but due to many orders, she struggles with a shortage of capital. She is seeking capital in the amount of PHP40,000. This amount will be used in buying a washing machine, galvanized iron, hollow blocks and cement for her construction supply business. She hopes and prays that her business will continue to develop.

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
  • 360
    View loans »
    Philippines Loans Fundraising
  • $50,877,675
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Revelita to buy a washing machine, galvanized iron, hollow blocks and cement for her construction supply business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013