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Dolores
Dolores is 56 years old, a widow and had three children. She is a vendor, and happily gains income from selling bananas to the people in her village. She buys bananas at wholesale, and sells them at a retail price. She earns about PHP 5,000 each month.

She hopes to buy more bananas to sell, which is why she is asking for PHP 5,000. This will help her increase her sales.

In the future, she hopes to keep improving her sales, and save for her family's sustenance.

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
  • 998
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Dolores to buy more bananas to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013