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Rosemarie
Rosemarie, who is 23 years old, is a single parent blessed with one child. She owns and manages a vegetable-vending business in their village, and it is located near a national highway. She has managed this business for nearly four years and is grateful for having a daily net income of PHP 700. Aside from vegetables, she also sells fish for additional income. She wishes for her business to flourish. To make this possible, she is now requesting a loan of PHP 13,000 to purchase tomatoes, squash, string beans and eggplants to sell.

Rosemarie is hoping that her business will be more productive in the future.

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
  • 243
    View loans »
    Philippines Loans Fundraising
  • $53,045,000
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Rosemarie to purchase tomatoes, squash, string beans and eggplants to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013