A loan of $450 helped to purchase additional products to sell.

Irma's story

Irma P. is from the town of Cristo Rey, Capas, Tarlac. She is 32 years old. Irma is married and has five school-aged children. To make a living, Irma owns & operates a business preparing and selling barbecue pork and chicken. Irma has been engaged in her business for over 14 years and earns approximately 8,000 PHP a month for these activities.

In 2006, Irma joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Irma has successfully repaid a previous loan of 13,000 PHP from ASKI. This previous loan was used to purchase raw ingredients needed to make products for sale. Irma is requesting a new loan of 20,000 PHP, which will be used to purchase additional products to sell. This loan will be the sixth loan taken out by Irma from ASKI. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 25 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fisherfolks and small entrepreneurs.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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