A loan of $1,600 helped a member to purchase equipment to improve the business.

Janet's Group's story

Janet P. is from the village of Mocag, Baggao, Cagayan. She is 48 years old. Janet is the group leader of a 10-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.

Janet is married and has 3 adult-aged children. To make a living Janet provides rice processing for local community members. Janet has been engaged in her business for over 14 years and earns approximately 5000 PHP a month for these activities.

Janet joined ASKI to improve her living situation and her ability to engage in business activities. She successfully repaid a previous loan of 5,000 PHP from ASKI and is requesting her second loan, for 8000 PHP, which she will use to purchase equipment for her business. She plans to use the additional revenue to expand her business.

About ASKI

ASKI is one of the most successful microfinance institutions in the Philippines. It has 29 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fisherfolk, and small entrepreneurs.


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 Partners to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

In this group: Janet, Ligaya, Teresa, Natividad, Josie, Elsie, Josephine, Ruth, Marigin, Perlita

Loan details

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Loan details