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Danilo is married and has five children. He sells a variety of dry goods, which he has been doing for more than 10 years. Danilo works every day from 6 AM to 6 PM.

Danilo is requesting a loan for 50,000 PHP, which he will use to buy dry gods such as grocery items, school supplies, and plastic wares. His intention is to have a larger variety of products, to be able to offer more items to his customers, and to increase his sales for the future of his children. He wishes to save for their future in order to let his wife return from working in another country. He wants his family to stay together with better living conditions.

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
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Danilo to purchase dry gods such as grocery items, school supplies, and plastic wares.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Mar 15, 2013
Apr 9, 2013
Currency Exchange Loss:
Jan 23, 2014