A loan of $325 helped to purchase new items to expand her product offering.


Charity Faith's story

Charity Faith T. is from Brgy. Vista Alegre, Bayombong, Nueva Vizcaya. She is 29 years old. Charity Faith is married and has two infant-aged children. To make a living, Charity Faith owns & operates a general store selling both food & daily use products in the local community. Charity Faith has been engaged in her business for over six years and earns approximately 3,200 PHP a month for these activities.

In 2008, Charity Faith joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Charity Faith has successfully repaid a previous loan of 10,000 PHP from ASKI. This previous loan was used to purchase additional products to sell. Charity Faith is requesting a new loan of 14,000 PHP, which will be used to purchase new items to expand her product offering. This loan will be the fifth loan taken out by Charity Faith 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.



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