A loan of $225 helped to purchase additional inventory and working capital.

Marivic's story

Marivic P. is from the town of Balungao, Pangasinan. She is 38 years old, married and has 2 school-aged children. Marivic owns and operates a general store, selling a variety of different products in the local community. Marivic has been involved in her business for over 3 years and earns approximately 4,500 PHP a month from it.

In 2010, Marivic joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Marivic is requesting her first loan, of 10,000 PHP, which will be used to purchase additional inventory and working capital. 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 29 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

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Loan details