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Due to financial difficulty, Rosalyn engages in the cooking and selling of snack foods in her community to earn additional income. She is 54 years old and has three adult-age children. She and her husband aim to improve their status of living to give their children a better life. In this regard, Rosalyn aims to make her business profitable in order to gain sufficient income. She is asking for additional capital of PHP 10,000 to buy flour, sugar, oil, plastics, sticks, bananas, peanuts and sweet potatoes to be cooked and sold in her community. She believes that her loan will be a great help for her to improve the business.

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
  • 342
    View loans »
    Philippines Loans Fundraising
  • $70,624,175
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rosalyn to buy flour, sugar, oil, plastics, sticks, bananas, peanuts and sweet potatoes to be cooked and sold.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Apr 18, 2013
Currency Exchange Loss:
Aug 23, 2013