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Rosenette P. lives in a beautiful spot in a rural area within the municipality of Pandan, at the north of Antique Province on the island of Panay. The 45-year-old mother of four likes to garden, tending to a small plot of flowers near her house. Her youngest child is in the fifth grade, two others are in college, and one has a university degree in commerce and works in Manila. Her husband Warlito is a farmer.

Four years ago, Rosenette started a business making and selling bukayo, a sweet treat made from coconut, sugar, water, and vanilla. Her father taught her how to make it. The process involves frying up the mixture in a big iron pan over open flame. Once it's cooked, Rosenette uses bamboo molds to shape it into bite-size pieces, puts five in a package, and seals it up. In 2008 she was featured on national TV in a show about Pandan, which is becoming more popular as a travel desitnation. After the appearance she says she got many new orders as people text-messaged inquries to her. Many of her new customers were Filipinos living and working overseas.

Business has been steady since her star turn, and Rosenette hopes to grow her bukayo-making operation. She is applying for this loan to buy a coconut shredder -- an electric grinder to extract coconut meat from the shell -- and other tools to help boost her production capacity. If she can grow her business, she says she'd like to be able to employ other women who are members of ASHI, the microfinance institution from which she borrows. She also wants to be able to continue to support her children's education.

Additional Information

About ASHI

Ahon Sa Hirap, Inc. has the distinction of being the oldest existing replication of Grameen methodology for delivering credit to the poor in the Philippines. With more than a third of the nation’s 90 million Filipinos living below the poverty line, ASHI was established with the vision of helping to alleviate poverty in the Philippines. Translated from Tagalog, Ahon Sa Hirap means “to rise above poverty.”

Empowering women dedicated to supporting their families through hard work and dedication, ASHI lends 100% to women and specifically the bottom 50%, so the “poorest of the poor.” In addition to general business loans, ASHI also offers educational loans, house repair loans, savings funds, and social development programs for its members. ASHI is committed to translating its social mission into practice.

About Philippines

  • $7,000
    Average annual income
  • 1943
    View loans »
    Philippines Loans Fundraising
  • $61,098,225
    Funds lent in using Kiva
  • 48.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosenette to buy a coconut shredder and other tools used for confectionery production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 4, 2009
Apr 3, 2009
Currency Exchange Loss:
Mar 15, 2010