A loan of $1,075 helped to purchase additional seeds, seedlings & young crops to raise.

Teresa's story

Teresa G., from the village of Nungnungan, Cauayan City, Isabela, is 49 years old, married and has three school-aged children. To make a living, Teresa has been planting and harvesting rice for sale for over 29 years, earning approximately 65000 PHP during harvest season.

In 2009, Teresa joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Now requesting her fourth from ASKI for 50000 PHP to purchase additional seeds, seedlings and young crops to raise, Teresa plans to use the additional revenue generated from the business to supplement the family's income.

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

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