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Rosemarie is an industrious woman. She is 44 years old, a widow and a mother of two children. She is providing for her two children through her sari-sari store. She carefully manages to earn a higher income. Presently, she is asking for a loan of PHP 20,000 to buy canned goods, candies, breads, biscuits, noodles, spices, vinegar and soy sauce as additional goods to sell. She hopes this will boost her income in order to provide a better standard of living for her family, especially to save for her children’s education.

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
  • 419
    View loans »
    Philippines Loans Fundraising
  • $65,913,675
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rosemarie to buy canned goods, candies, breads, biscuits, noodles, spices, vinegar, and soy sauce to stock her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 15, 2013
Apr 23, 2013
Currency Exchange Loss:
Oct 23, 2013