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Dominic is a businessman who lives in Annayatan with his wife and 3-year-old child. To earn a living, Dominic raises hogs to fatten and sell. He is also a rice retailer and he provides motorcycle transport services to the people in his village.

Dominic would like to earn a good income from his businesses to meet his family's daily needs. He is requesting a loan of PHP 25,000 to buy gasoline and crude oil to use for his motorcycle transport business. He also uses his motorcycle to transport his merchandise to the nearby villages.

In the future, Dominic hopes to became a successful entrepreneur and provide a better way of life for his family.

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
  • 390
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Dominic to buy gasoline and crude oil to use for his motorcycle transport business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 26, 2012
May 2, 2012
Currency Exchange Loss:
Oct 16, 2012