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Rosemarie
Rosemarie is 39 years of age, married and has two children. While her husband is working abroad, she runs her retail store business in their village; this business serves as their source of income. Being a mother of her children, she always wants the best for them, and she also stands as a father of her children.

Rosemarie sells various types of grocery items in their village but she wishes to sell products that are seldom sold in their village. Due to financial constraints, Rosemarie can’t push her wishes, thus she is asking for a loan of PHP 35,000 to buy beverages, powdered milk and diapers for babies to sell. She hopes to improve her business and increase more income to meet their needs.

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
  • 1317
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Rosemarie to buy beverages, powdered milk and diapers for babies to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013