A loan of $175 helped to purchase livestock feed and other supplies.

Jude's story

Jude F. is from the village of Olango. He is 34 years old, married and has 2 small children. To make a living, Jude owns and operates a business raising pigs for fattening and sale. Jude has been engaged in his business for over 10 years and earns approximately 3,000 PHP whenever he sells his raised pigs.

In 2009, Jude joined ASKI to gain access to financial services to help improve his living situation and ability to engage in business activities. Jude has successfully repaid a previous loan of 6,000 PHP from ASKI. This previous loan was used to purchase baby livestock to raise and sell in future.

Jude is requesting a new loan of 7,000 PHP which will be used to purchase livestock feed and other supplies. This loan will be the third loan taken out by Jude from ASKI. He plans to use the additional revenue generated from the business to improve and expand his 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.

*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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