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Domingo
Domingo, 37 years old, is married and has a child. His wife works as a saleslady in the city. Domingo is a tricycle driver and also has a retail store. While he provides motorcycle transport services within their village, his mother helps him to manage the store. Domingo usually earns PHP 3,000 each month in his store. He is now asking for a loan of PHP 20,000 to buy more grocery supplies, such as canned goods, breads, eggs and noodles, to sell. In the future, Domingo hopes to keep making his businesses profitable and to help his wife save money for their expenses.

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
  • 1245
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Domingo to buy more grocery supplies, such as canned goods, breads, eggs and noodles, to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Feb 7, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013