A loan of $600 helped to purchase new items to expand her product offering.

Dolores's story

Dolores M. is from the village of Estefania, Amulung, Cagayan. She is 39 years old and is married with three school-aged children.

Dolores owns and operates a general store, selling daily-use products such as shampoo, soap and toothpaste in the local community. She has been engaged in her business for over three years and earns approximately 7,000 PHP a month.

In 2006, Dolores joined ASKI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan from ASKI.

Dolores is requesting a new loan of 27,000 PHP which will be used to purchase new items to expand her product offering. This loan will be her seventh 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 twenty-one branches covering the Central and Northeastern areas. Its clients are mostly of 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

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Loan details