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Revelita is thankful because her previous loan has been useful in making her business grow. She is happily married and has been blessed with eight children. Six of her children are married and have their own families while the other two are still single and studying.

Revelita offers construction materials such as cement, hollow blocks,galvanized iron and steel. She has been engaged in this kind of business for more than five years. She is glad because her husband is supportive in improving their business.

Revelita would like to buy more construction materials such as cement, hollow blocks, galvanized iron and steel to be able to improve her business. In this regard, she is requesting additional capital amounting to P35,000 to purchase more construction materials. She hopes to obtain this loan amount so that she can support her youngest child's education and provide their daily needs.

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
  • 448
    View loans »
    Philippines Loans Fundraising
  • $69,731,675
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Revelita to purchase construction materials such as cement, hollow blocks, galvanized iron and steel for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 22, 2012
Mar 9, 2012
Currency Exchange Loss:
Sep 15, 2012