A loan of $225 helped to repair an existing vehicle.

Leonida's story

Leonida D. is from the village of Brgy. Lactawan, Solano, Neuva Vizcaya. She is 59 years old. Leonida is married and has five adult children. To make a living, Leonida owns & operates a tricycle transport service. Leonida has been engaged in her business for over five years and earns approximately 7,000 PHP a month for these activities.

In 2006, Leonida joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Leonida has successfully repaid a previous loan of 15,000 PHP from ASKI. This previous loan was used to purchase tires and other accessories. Leonida is requesting a new loan of 10,000 PHP, which will be used to repair an existing vehicle for better service. This loan will be the eighth loan taken out by Leonida from ASKI. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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.

Loan details

Lenders and lending teams

Loan details