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Rosalina is a mother who engages in buying and selling fruits and vegetables to supplement her husband's income. She is 26 years old, and has three children. Despite the hardship of living, they have the determination to uplift their status of living.

She aims to acquire more stock of the said products to sell, but she has limited capital. For this reason, she would like to avail a loan of PHP 5,000 to buy the said additional stock of various fruits and vegetables to sell.

Being a hardworking mother, Rosalina believes that someday she will improve more of her business through this financial assistance.

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
  • 1679
    View loans »
    Philippines Loans Fundraising
  • $58,968,050
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Rosalina to buy more stock of various fruits and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 16, 2014
Jul 28, 2014
Currency Exchange Loss:
Feb 20, 2015