Check out some available loans that are similar to this one!
Rogelio’s business provides for his family’s daily expenditures. For eight years, he has been in the business of selling wood and he wishes to increase his usual profit. He would be able to do this if he had stable funds to use. To make it possible, he is asking for a loan of PHP 5,000 in order to buy more wood to sell. He hopes that his wish to increase his sales will soon be achieved.

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
  • 692
    View loans »
    Philippines Loans Fundraising
  • $63,147,100
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Rogelio to buy more wood to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 20, 2013
Apr 3, 2013
Currency Exchange Loss:
Oct 23, 2013