A loan of $175 helped to purchase new items to expand her product offering.

Rosalinda's story

Rosalinda U. is from the village of Barangay Villaros, Bagabag, Nueva Vizcaya. She is 45 years old. Rosalinda is married and has one school-aged child. To make a living, she sells a variety of fruits and vegetables in the local community. Rosalinda has been engaged in her business for over five years and earns approximately $100 a month from these activities.

In 2009, Rosalinda joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from ASKI. This previous loan was used to purchase additional products to sell. She is requesting a new loan of 7,000 PHP which will be used to purchase new items to expand her product offering. This will be her 2nd loan from ASKI. She plans to use the additional revenue generated to improve her business.

About ASKI:

ASKI is one of the most successful micro-finance institutions in the Philippines. It has 29 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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Loan details