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Dolores operates a retail store within her village. She is happily married and has four children, of whom three are still studying, while the other one has already graduated from college.

Dolores' husband is a farmer and manages a car repair shop. The couple works hard in order to earn sufficient profits to support the education of their children and improve their way of life.

Dolores has been a good borrower since she started borrowing additional capital from other lenders. For her to achieve her goals in life, she is asking for a loan of PHP30,000 to be used in purchasing grocery items such as soft drinks, assorted biscuits, canned goods and other basic commodities for her retail store. She believes that this will be of great help in progressing her business and for her to become a better entrepreneur. She hopes that the lenders will continue to support her financially in her efforts to make her retail store a viable source of income to secure the needs of her 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
  • 343
    View loans »
    Philippines Loans Fundraising
  • $65,961,850
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Dolores to buy grocery items for her retail store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 8, 2013
May 20, 2013
Currency Exchange Loss:
Nov 19, 2013