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Rowena
Rowena is from the village of Guam. She is 52 years old, married and has three children. To make a living Rowena owns and operates a business venture in the retail sector running a general store. She has been in this business for two years and usually earns a net income of PHP 300 a day. At this moment, Rowena is asking a loan of 30,000 Philippine pesos (PHP) to buy drinks, snack foods, spices and noodles for her business.In this way, she can sustain her family's basic necessities.

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
  • 1340
    View loans »
    Philippines Loans Fundraising
  • $57,861,200
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Rowena to buy drinks, snack foods, spices and noodles for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2014
Listed
Mar 3, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014