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Dolly
Dolly, 40, is married and has five school-aged children. She is from the village of Santo Domingo, a part of Isabela province on the Luzon islands. Dolly runs a general store from which she sells a variety of different products to the local community. Dolly has been in business for over fifteen years and earns approximately P 5000 a month.

Dolly is requesting a new loan of P 7,000, that will be used to purchase additional products to sell. She plans to use the additional revenue generated to financially support immediate members of her family.

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

  • $1175
    Average annual income
  • 842
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Dolly to buy snack foods, spices, noodles and candies for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Nov 18, 2011
Currency Exchange Loss:
Possible
Ended:
May 21, 2012