A loan of $125 helped to purchase livestock feed and other supplies.

Delia's story

Delia O. is from the village of Olango. She is 37 years old. Delia is married and has four school-aged children. To make a living, Delia owns and operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for her business comes from raising pigs for fattening and sale. Delia has been engaged in her business for over 10 years and earns approximately 3000 PHP monthly .

In 2009, Delia joined ASKI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Delia has successfully repaid previous loans from ASKI. This previous loan was used to purchase baby livestock to raise and sell in the future. Delia is requesting a new loan of 5,000 PHP which will be used to purchase livestock feed and other supplies. This loan will be the fourth loan taken out by Delia from ASKI. She plans to use the additional revenue generated from the business to improve and 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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