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Rovie
Rovie is 18 years old and is from Camiling, Tarlac. She is taking up studies in Hotel and Restaurant Services. She has five siblings and their family’s source of income is through her father who works as a driver.

Rovie wants to finish her studies because she believes that it is very important and she wants to help her family. She chose this course because she wants to express her cooking skills. To pursue her dreams and finish college, she would like to take out a loan of PHP 10,000 from KIVA lenders which she will use to pay her tuition fee.

Additional Information

More information about this loan

This loan is part of ASKI’s effort to provide capital for low-income students to access higher education. ASKI has designed two loan products intended to fulfill different needs. This loan product covers tuition fees and allowances for an entire educational program. The repayment term for the latter loans will typically be longer – up to 8 years. Students begin repaying their loans once they graduate. 
 
By funding this loan, you are giving students access to higher education under flexible terms that will fit their needs.

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
  • 1478
    View loans »
    Philippines Loans Fundraising
  • $59,157,225
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $250 helped Rovie to pay her tuition fee.
31% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 1, 2014
Listed
Aug 2, 2014
Currency Exchange Loss:
Possible