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Daisy D. G. is managing a food vending business located in the public market of Cauayan City. She said that for an entrepreneur to become successful, one should work hard and be patient in everything. Married to Patricio, an ice vendor in the market, they have six children: Dexter, Patrick, Devine, Daniel, Diana and Rose, four of whom are already in high school and elementary school. Her children also assist her in the business, for they want to achieve their goal to become successful someday.

Daisy is now requesting a loan of PHP25, 000 that she will use as additional capital in her food vending business. She believes that this amount will play a great part in the development of her enterprise.

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
  • 456
    View loans »
    Philippines Loans Fundraising
  • $69,701,375
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Daisy business Capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 12, 2009
May 28, 2009
Currency Exchange Loss:
Nov 15, 2009