A loan of $225 helped to purchase new items to expand product offering.

May's story

May B. is from the village of San Mateo. She is 52 years old. May is married and has 6 grown-up children. To make a living, May runs a general store. The main source of income for the business comes from selling a variety of different products in the local community. May has been engaged in her business for some years and earns approximately 5,000 PHP a month for these activities.

In 2006, May joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. May is requesting a new loan of 10000 PHP which will be used to purchase new items to expand her product offering. This loan will be the seventh loan taken out by May 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 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.

Loan details

Lenders and lending teams

Loan details