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Domingo
Domingo is a small entrepreneur who lives at Annafatan with his wife and a child, who attends school. Domingo manages a store selling grocery items to the people in his village, while his wife is a public elementary school teacher. They love their work as their livelihood. Aside from managing his small business, Domingo also cooks and sells food for daily meals and adds up his daily income. He is now asking for PHP50,000 to buy soft drinks, eggs, breads, soap and shampoo to sell in his store. With the additional merchandise to sell, he will increase his income.

Domingo hopes to keep extending good service to his customers and have more friends. Likewise, he will gain more income too. He hopes to become successful in his business for the overall welfare of his 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
  • 256
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Domingo to buy soft drinks, eggs, breads, soap and shampoo to sell in her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Aug 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013