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Rovelyn is 30 years of age and married to a farmer; they are blessed with one child.

Rovelyn owns and has managed a retail store in their village for almost a year. In this business she's earning a net income of Php 350 per day.

Due to insufficient funds, she would like to request a loan of Php 10,000 to purchase bags of rice grain, canned goods, noodles, sugar, cooking oil, and beverages. She's hoping that her business will continue to improve so that her income will become more profitable.

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
  • 997
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rovelyn to purchase bags of rice grain, canned goods, noodles, sugar, cooking oil, and beverages.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 8, 2013
Aug 31, 2013
Currency Exchange Loss:
Feb 19, 2014