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Rosalia
Rosalia is in her fifties, is married, and has one child. Rosalia manages a sari-sari store business in their village. Her husband is a farmer who is her partner in sustaining their family needs and their child's needs in school.
Rosalia wishes that her store will become a grocery someday. She is striving and managing the business well to attain her wish. Rosalia needs additional capital to pursue her wish. Thus, she is requesting a loan of P20,000 to buy drinks, canned goods, snack foods and sugar to sell. She hopes for the growth of her business to become a big grocery soon.

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
  • 1439
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rosalia to buy drinks, canned goods, snack foods and sugar to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013