Check out some available loans that are similar to this one!
Rovelyn lives happily with her loving husband and four children. She has been engaged in sari-sari (convenience) store business for five years. This business is her way of helping her husband to provide for the needs of their family. In order to implement her plans to grow her business, Rovelyn is asking for a loan of PHP 20,000. She will use this to purchase canned goods, noodles, breads, cooking oil, vinegar and spices. With the help of these goods, she hopes to earn a higher income that will eventually uplift them from living in poverty.

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
  • 384
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rovelyn to purchase canned goods, noodles, breads, cooking oil, vinegar and spices.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Jan 30, 2013
Currency Exchange Loss:
May 24, 2013