A loan of $600 helped to purchase livestock feed and other supplies.

Cirilo's story

Cirilo D. is from the village of District 1. He is 56 years old. Cirilo is married and has five school-aged children.

To make a living, Cirilo raises livestock, primarily pigs, for breeding. Cirilo has been engaged in his business for over 17 years and earns approximately 5,000 PHP a month for these activities.

In 2011, Cirilo joined ASKI to gain access to financial services to help improve his business and living situation. Cirilo is requesting a loan of 25,000 PHP, which will be used to purchase livestock feed and other supplies. This will be the first loan taken out by Cirilo from ASKI. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.

About ASKI:
ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fisherfolk 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.

Loan details

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Loan details