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Dionicia
Dionicia is married and has eight children. Her husband is a vegetable vendor in the market. Both are working hard just to feed their children and meet their necessities. The couple is preparing for the education of their children. They want them to have a higher education to find a better job someday. They don’t them want to be like they are, hardly able to find a better job because they did not have an opportunity to pursue a higher level of education.
With her determination to help her husband carry out their family in poverty, Dionicia engaged herself in selling snack foods, drinks and other daily household consumables. Dionicia wishes for a loan of PHP 20,000 to buy vinegar, soy sauce, powdered juice and beverages. She hopes to earn income for the preparation of her children education. She believes that her loan will make a big contribution towards her success..

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
  • 1126
    View loans »
    Philippines Loans Fundraising
  • $54,636,050
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Dionicia to buy vinegar, soy sauce, powdered juice and beverages.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013