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Rosita, 34 years old, is married and has been blessed with six children. She's been into selling medicines in her village for almost 12 years. With this business she's earning a net income of PHP 5,000.

She would like to take a loan amounting to PHP 15,000. She will use the loan to purchase branded and generic medicines. She's hoping that her requested loan will be granted, so that she can be able to invest her loan in her business, to gain more 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
  • 374
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rosita to purchase branded and generic medicines.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 11, 2013
Apr 9, 2013
Currency Exchange Loss:
Sep 19, 2013