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Dalen
Dalen runs her retail store at Caggay, where her family also lives. Dalen sells grocery items to the people in her village and generates about PHP 5,000 each month selling this merchandise.

She would like to increase her sales and is asking for a loan of PHP 10,000 to buy sardines, eggs, breads, and noodles to sell. Selling more commodities will help increase sales and income as well.

In the future, with good funds, Dalen will attain her goal of giving the best education to her three children.

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
  • 1473
    View loans »
    Philippines Loans Fundraising
  • $59,389,700
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Dalen to buy sardines, eggs, breads, and noodles to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013