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Rosa is a wise person who will not stop trying until she succeeds. She started her business selling glassware at the age of 32. Now, she is 52 and has already been running her business for 20 years. Her inspiration in running her business for such a long time is her family. She wants to raise her family out of poverty.

Rosa is married and blessed with six children. Her husband is also a vendor in the market. When she started her business she experienced some failures, but she did not lose hope. Now, Rosa is happy to report that her business is doing well. Through the income she earns, she is able to provide her children allowances in school.

Rosa wants to maintain and gain a higher income from her business, which is why she decided to take a loan of PHP 30,000 to buy kitchen utensils to sell in the market. She hopes to receive the loan and maintain the business as her source of income.

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
  • 390
    View loans »
    Philippines Loans Fundraising
  • $66,137,075
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Rosa to buy kitchen utensils to sell in the market.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 1, 2012
Apr 2, 2012
Currency Exchange Loss:
Oct 16, 2012