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Dolores
General store has been Dolores's business for more than 25 years. She simply lives with her husband and four children in their place in Cordon. According to her, her eldest child is already married, the other one is working, while the other two children attend school. She and her husband work hard to obtain greater income in order to sustain their family's basic needs and improve their financial stability.

With her determination to achieve her goals in life, she is asking for financial assistance amounting to PHP 30,000. This additional capital she requested will be used to buy volumes of grocery items, such as soft drinks, biscuits, comfort foods, cooking oils, eggs and canned goods, for her general store.

This amount of loan will enable her to satisfy her costumer demands and economize her fare expenses as she goes to and from the market to acquire stocks. She knows that having this financial assistance has much to do with the improvement of her family living conditions, and with her ability to give full education to her two children.

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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1079
    View loans »
    Philippines Loans Fundraising
  • $57,661,375
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Dolores to buy volumes of grocery items, such as soft drinks, biscuits, comfort foods, cooking oil, eggs and canned goods for her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014