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Rovelita
Rovelita has two children and she provides their basic needs. She is doing her best so that she can perform her duties and responsibilities as a mother well. Rovelita is selling cooked foods for her menu, like adobo (marinade or sauce), mechado (marinated beef) and pinakbet (vegetable and pork dish).

She wants to extend her business in order to gain income and sustain her family's needs. She is requesting a loan of PHP 10,000 to buy meat to cook and ingredients for better taste. Rovelita believes that cooking more recipes will encourage more customers and bring her a higher income as well.

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
  • 1290
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rovelita to buy meat to cook and ingredients for better taste.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 19, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013