A loan of $200 helped to invest in expanding the business.

Sharon's story

Sharon M. is from the village of Alibago, Enrile, Cagayan. She is 34 years old, married, and has two infant-aged children. To make a living, Sharon owns and operates a general store selling both food and daily use products in the local community. Sharon has been engaged in her business for over three years and earns approximately 5,000 PHP per month from these activities.

In 2009, Sharon joined Kiva partner, ASKI, to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan from ASKI. Sharon is requesting a new loan of 9,000 PHP, which will be used to invest in expanding the business. This loan will be her second from ASKI. She plans to use the additional revenue generated from the business to financially support immediate members of her family.

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.

Loan details

Lenders and lending teams

Loan details