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Rebecca
Rebecca is 55 years old, married, the mother of five children. Three are currently attending school. She is very patient in operating her business selling ukay-ukay (used clothing, bags and shoes) in order to provide for the needs of her family. Her spouse is her partner in the business. They sell at different public markets every weekend. They have been in this business for over eight years. Rebecca is applying for a loan of PHP 30,000 to buy more ukay ukay to sell. She hopes to earn more income for the education of her children so that they will earn a degree and have good jobs some day.

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
  • 1165
    View loans »
    Philippines Loans Fundraising
  • $54,909,650
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Rebecca to buy more ukay ukay (used clothes, shoes and bags) to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014