100%

funded

Total loan: $1,175

Corazon

Flag of Philippines
Sinamar, Roxas, Isabela, Cagayan Valley, Philippines / Agriculture

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A loan helped to purchase fertilizers, such as manure, to use in her field.


Corazon's story

Corazon E., age 52, is a corn farmer. She has planted and harvested corn to offer for sale for over 30 years and earns approximately 10,000 PHP a month. Corazon is unmarried. In 2008, Corazon joined ASKI to gain access to financial services. She wanted to help improve her living situation and increase her ability to engage in business activities. Corazon has successfully repaid a previous loan of 35,000 PHP from ASKI. This previous loan was used to purchase additional seeds, seedlings, and young crops to plant and raise. Corazon is requesting a new loan of 50,000 PHP, which will be used to purchase fertilizers, such as manure, for use in her field. This loan will be the eighth loan taken out by Corazon from ASKI. She plans to use the additional revenue generated from the business to financially support immediate members of her 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 business 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.