A loan of $675 helped to purchase additional seeds, seedlingsand young crops to raise.

Julio's story

Julio G. is from the village of Bayabo East, Tumauini, Isabela. He is 59 years old. Julio is married and has 12 school-aged children. To make a living, Julio owns and operates a business venture in the agriculture sector raising crops. The main source of income for the business comes from planting and harvesting rice to sell. Julio has been engaged in his business for over fifteen years and earns approximately $340 per harvest for this activity.

Julio joined ASKI to gain access to financial services to help improve his living situation and his ability to engage in business activities. Julio is requesting a new loan of 30,000 PHP which will be used to purchase additional seeds, seedlings and young crops to raise. This will be his sixth loan from ASKI. He plans to use the additional revenue generated from the business to financially support immediate members of his family.

About ASKI:

ASKI is one of the most successful micro-finance institutions in the Philippines. It has 25 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.

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