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Deogracias, age 32, and his wife operate a "talipapa" (a fruit and vegetable stall) to earn an income. They earn a monthly income of about PhP 20,000, which they apply toward supporting their family. The remainder serves as revolving capital for the business.

Deogracias and his wife have a two-year-old child and a one-year-old baby. They work hard to provide sustenance for their children.

Deogracias aims to increase his family's income, which is why he is requesting a loan in the amount of PhP 40,000. He will use his loan funds to buy vegetables, canned goods, coffee, breads, and eggs to sell in his food stall.

In the future, Deogracias hopes to continually increase his income for the sake of the overall welfare and financial stability of 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
  • 332
    View loans »
    Philippines Loans Fundraising
  • $70,673,000
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Deogracias to buy vegetables, canned goods, coffee, breads, and eggs to sell in his food stall.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 13, 2013
Feb 15, 2013
Currency Exchange Loss:
Apr 22, 2013