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Dona Flor
Due to financial constraints, Dona Flor aimed to improve her variety store to generate sufficient income. She is 33 years old and has two school-age children. She and her husband had planned to upgrade their status of living in order to educate their children and give them a better life. In this regard, Dona Flor is asking for an additional capital of PHP 10,000 to buy additional stocks of soft drinks, beverages, noodles, canned goods, soaps, and seasonings to sell. She believes that this loan will enable her to improve the business and hopes that they will become successful in the future.

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
  • 1341
    View loans »
    Philippines Loans Fundraising
  • $57,861,200
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Dona Flor to buy additional stocks of soft drinks, beverages, noodles, canned goods, soaps, and seasonings to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013