A loan helped to purchase additional products to sell.

Francisca's story

Francisca T. is from the city of Castillo Concepcion Tarlac. She is 59 years old. Francisca is married and has four adult children. To make a living, Francisca owns & operates a general store. Francisca has been engaged in her business for over a year and earns approximately 4,000 PHP a month for these activities.

In 2009, Francisca joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Francisca is requesting a new loan of 5,000 PHP, which will be used to purchase additional products to sell. This loan will be the first loan taken out by Francisca 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 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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