100%

funded

Total loan: $575

Rodolfo

Flag of Philippines
Mangga, Quezon, Isabela, Cagayan Valley, Philippines / Agriculture

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A loan helped To purchase fertilizers such as manure.


Rodolfo's story

Rodolfo N. is from the village of Mangga. He is 43 years old. Rodolfo is married and has 3 school-aged children. To make a living, Rodolfo owns & operates a business planting and harvesting rice for sale. Rodolfo has been engaged in his business for over 23 years and earns approximately 30000 PHP per harvest. In 2010, Rodolfo joined ASKI to gain access to financial services to help improve his living situation and his ability to engage in business activities. Rodolfo is requesting a new loan of 25000 PHP which will be used to purchase fertilizers such as manure. This will be the 1st loan taken out by Rodolfo from ASKI. He plans to use the additional revenue generated from the business to pay the tuition fees of his children. 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 of 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.