A loan of $550 helped to purchase additional seeds, seedlings & young crops to raise.

Carmelina's story

Carmelina P. is from the village of Del Corpuz, Cabatuan, Isabela. She is 61 years old. Carmelina is married and has one adult child. To make a living, Carmelina owns & operates a business planting and harvesting rice for sale. Carmelina has been engaged in her business for over 25 years and earns approximately 50,000 every cropping.

In 2008, Carmelina joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Carmelina is requesting a new loan of 25,000 PHP, which will be used to purchase additional seeds, seedlings & young crops to raise. This loan will be the second loan taken out by Carmelina from ASKI. She 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, 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