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Divina A. is engaged in a general store business. Her husband Roger is a farmer in their village of Catabban Burgos, Isabela. They have three children to whom they give their full support for a brighter future. Two of her children have already finished college and now have their own jobs. Truly, hard work and patience pays, said Divina. Divina is hoping that her youngest child, who is currently studying, will also finish his studies if she works hard and perseveres in her business development.

Divina is requesting a loan from Kiva amounting to PHP10,000 as additional business capital. She will use the loan to purchase more merchandise for her retail business, such as canned and bottled goods, soaps, shampoo, breads, biscuits, kitchen commodities, etc. She hope to further increase her daily income from the business.

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
  • 433
    View loans »
    Philippines Loans Fundraising
  • $69,631,075
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD