A loan of $650 helped to purchase fertilizers such as manure.


Joel's story

Joel P. is from the village of Bayabo East. He is 38 years old. Joel is married and has 2 school-aged children. To make a living, Joel owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting and harvesting rice for sale. Joel has been engaged in his business for over 15 years and earns approximately 15000 PHP a month for these activities.

In 2007, Joel joined ASKI to gain access to financial services to help improve his living situation and ability to engage in business activities. Joel has successfully repaid a previous loan of 25000 PHP from ASKI. This previous loan was used to purchase additional seeds, seedlings & young crops to raise. Joel is requesting a new loan of 30000 PHP which will be used to purchase fertilizers such as manure. This loan will be the seventh loan taken out by Joel from ASKI. He plans to use the additional revenue generated from the business to improve/expand the borrower's 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 of 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


Lenders and lending teams



Loan details