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Roderick
Roderick keeps his dreams alive. He always appreciates achieving anything that requires faith and belief in God. He has always thought that all things are possible for those who believe. Roderick is still bachelor at the age of 28. He focuses on making his business a viable and stable source of income. He operates a “tupig production” business, which he has been running successfully for more than three years. Tupig is a native delicacy made with glutinous rice and grated coconuts wrapped in wilted banana leaves and cooked over live charcoals.

An optimistic person like Roderick remains positive in every inch of his work. He keeps on dreaming and wishes to achieve his dream through a loan amount of PHP 50,000 as additional working capital. This will be used to buy basic ingredients in making tupig, such as glutinous rice, sugar milk and coconut, as well as pay for maintenance of his machines used in cooking tupig. He hopes this would be a big contribution to achieve success.

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
  • 1262
    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 $1,225 helped Roderick to buy basic ingredients in making “tupig”, such as glutinous rice, sugar milk and coconut, as well as pay for maintenance of his machines.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014