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Rose Marie
Rose Marie is a responsible housewife who supports her husband with gaining income. They aim to become successful and financially stable in order to give their children a bright future. To achieve their goal, Rose Marie aims to improve her small variety store to earn a higher income. Due to capital insufficiency, she is seeking an additional PHP 16,000 to buy more stock of sugar, cooking oils, soft drinks, snack foods, laundry soaps, canned goods, seasonings and beverages to sell. She hopes that someday, they will be able to improve their living status.

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
  • 1461
    View loans »
    Philippines Loans Fundraising
  • $59,304,600
    Funds lent in using Kiva
  • 44.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rose Marie to buy more stock of sugar, cooking oils, soft drinks, snack foods, laundry soaps, canned goods, seasonings and beverages to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2014
Listed
Mar 21, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2014