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Rufino
Rufino Jr. is 37 years old, married with four children. All his four children go to school. Rufino Jr. is a hard-working and business-oriented man. He aims to improve his financial stability, have a comfortable lifestyle and let his four children finish their studies.

Rufino Jr. plans to buy boxes of fish sauce, five kilos of dried flying fish, five gallons of cooking oil, three kilos of dried squid and trays of eggs for his general store. In this situation, he is asking for a loan of PHP 50,000.

He knows that this loan amount will keep his general store profitable and progressive. He would be thankful enough if his requested loan amount is granted.

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
  • 1032
    View loans »
    Philippines Loans Fundraising
  • $57,733,025
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Rufino to buy boxes of fish sauce, five kilos of dried flying fish, five gallons of cooking oil, three kilos of dried squid and trays of eggs for his general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Mar 25, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013