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Dolores
Dolores, age 46, runs a store selling a variety of merchandise. She and her husband Jaime have four children. She is a happy, enthusiastic and hard-working person who makes every effort to provide for the family's needs. Dolores did not finish her studies due to lack of financial resources.Her experiences push her to strive hard in order to secure the well-being and future of her four children.

Dolores has been running her store for 20 years. Aside from this business, she is also engaged in a livestock and farming business. According to her, the profit gained from her farming and livestock was used to secure the education of two of her children who have just finished their degree courses. She is really blessed and thankful to God because she has been given the knowledge, skills, and strength to face trials in life.

Dolores repaid her previous loan and is now asking for a new loan in the amount of PhP 30,000. She will use this loan to buy a variety of items to offer for sale in her store.She believes that she can continue to improve her business through continuous access to financial services from Kiva lenders through ASKI. She is hopeful that children will complete their education and strives to give her family a better quality of life.

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
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,812,500
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Dolores to buy merchandise for her general store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 2, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012