Today, get an extra $25 to lend when you make your first Kiva loan.
Jenny's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase materials needed to expand services provided.
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.
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.