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Leonardo is 33 years old and single. He has a home-based sari-sari store where he sells different basic groceries. He is a man who works hard to contribute to the household economy and give his family a better lifestyle.

Leonardo is requesting a loan of 20,000 PHP to buy groceries such as soft drinks, biscuits, sugar and shampoo. Some of this amount will also be used to buy and sell vegetables.

Leonardo hopes he can maintain his clientele and encourage more customers to come to his store. His goal is to increase his profits so as to be able to transform his wooden store into a concrete one.

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
  • 1424
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Leonardo to buy groceries such as soft drinks, biscuits, sugar and shampoo to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 28, 2011
Aug 18, 2011
Currency Exchange Loss:
Feb 15, 2012