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Domingo is 36 years old, has one child and operates a small store selling grocery items together with his wife. From the family's business, he earns about PHP 7,000 each month. It goes towards their meals, allowances and bills at home. He hopes to increase his merchandise so he will gain more income from the store. His main concern is to generate good income and likewise gain more friends and customers too. Someday, it will help him achieve a progressive life for 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

  • $7,000
    Average annual income
  • 1941
    View loans »
    Philippines Loans Fundraising
  • $61,100,300
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Domingo to buy soft drinks, bread, eggs and noodles to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 27, 2012
Aug 9, 2012
Currency Exchange Loss:
Feb 15, 2013