A loan of $125 helped to repair a transport vehicle used in the business.

Evelyn's story

Evelyn C. is from the village of Calao West. She is 41 years old. Evelyn is married and has four school-age children. To make a living, Evelyn owns and operates a tricycle transportation business. Evelyn earns approximately 5,000 PHP a month.

In 2009, Evelyn joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Evelyn is requesting a loan of 5,000 PHP, which will be used to repair a transport vehicle used in the business. This loan will be the first loan taken out by Evelyn from ASKI. She plans to use the additional revenue generated from the business to improve/expand her business.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 25 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.

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