A loan of $675 helped to purchase fertilizer such as manure.

Bienvenido's story

Bienvenido M. is from the village of San Pedro, Alicia, Isabela. He is 45 years old, is married, and has three adult children.

Bienvenido owns and operates a business planting and harvesting rice for sale. He has been engaged in his business for over twenty years and earns approximately 20,000 every cropping.

In 2008, Bienvenido joined ASKI to gain access to financial services to help improve his living situation and his ability to engage in business activities. He is requesting a new loan of 30,000 PHP which will be used to purchase fertilizer such as manure. This loan will be his fourth from ASKI. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.

About ASKI:
ASKI is one of the most successful microfinance institutions in the Philippines. It has twenty-one branches covering the Central and Northeastern areas. Its clients are mostly of 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.

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