Total loan: $700


Flag of Philippines
Victoria,Alicia,Isabela, , Philippines / Services

Jenny's loan finished fundraising,
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A loan helped to purchase materials needed to expand services provided.

Jenny's story

Jenny P. is from the village of Victoria, Alicia, Isabela. She is 46 years old, married and has seven school-aged children. To make a living, Jenny owns and operates a service-based business providing motorcycle repair services to local community members. Jenny has been engaged in her business for over 12 years and earns approximately 10,000 PHP per month from these activities.
In 2005, Jenny joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 25,000 PHP from ASKI. This loan was used to purchase materials needed to provide service. Jenny is requesting a new loan of 30,000 PHP, which will be used to purchase materials needed to expand services provided. This loan will be her seventh from ASKI. She plans to use the additional revenue generated from the business to improve and expand her business.

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.