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Rosie is 30 years old and single. To make a living, she runs a sari-sari store. Her daily profit, amounting to 300 PHP, is usually spent on the daily needs of her siblings, and it is not enough to meet all their needs. For this reason, she is asking for a loan of 23,000 PHP to buy additional goods to sell, such as vinegars, soy sauce, spices, breads and soft drinks. She hopes to earn more in order to provide for the future of her siblings and to save for emergency 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
  • 365
    View loans »
    Philippines Loans Fundraising
  • $70,667,525
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Rosie to buy additional goods to sell in her general store, such as vinegars, soy sauce, spices, breads and soft drinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Nov 4, 2012
Currency Exchange Loss:
Sep 20, 2013