A loan of $550 helped to purchase new items to expand product offering.

Estrella's story

Estrella A. is from the village of Rang-Ayan. She is 53 years old, married and has 11 children. Estrella owns and operates a general store, selling a variety of different products in the local community. Estrella has been involved in her business for over 6 years and earns approximately 10,000 PHP a month from it.

In 2006, Estrella joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Estrella has successfully repaid a previous loan of 20,000 PHP from ASKI, which was used to purchase additional products to sell. Estrella is requesting a new loan of 25,000 PHP, which will be used to purchase new items to expand product offering. This will be the ninth loan taken out by Estrella from ASKI. 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