A loan of $1,450 helped a member to purchase livestock feed & other supplies.

Analyn's Group's story

Analyn A. is from the village of San Juan, Alicia, Isabela. She is 39 years old. Analyn is the group leader of a 7-member group loan offered by ASKI. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

Analyn is married and has 3 school-aged children. To make a living, Analyn owns & operates a business venture in the agriculture sector, raising livestock. While not the only means for generating revenue, the main source of income for the business comes from raising pigs for fattening and sale. Analyn has been engaged in her business for over 3 years and earns approximately 5000 PHP a month for these activities.

In 2008, Analyn joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Analyn is requesting a new loan of 11,000 PHP which will be used to purchase livestock feed & other supplies. This will be the fourth loan taken out by Analyn from ASKI. She plans to use the additional revenue generated from the business to supplement the family's income.

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 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.

In this group: Analyn, Gaudencio*, Kristine, Ofelia, Cecilia, Mary Ann, Perlita
*not pictured

Loan details

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Loan details