A loan of $275 helped to purchase additional products to sell.

Rufina's story

Rufina T. is from the town of Rizal West, San Isidro. She is 53 years old. Rufina is married and has three adult children. To make a living, Rufina owns & operates a general store selling a variety of different products in the local community. Rufina has been engaged in her business for over five years and earns approximately 6,000 PHP a month for these activities.

In 2005, Rufina joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Rufina has successfully repaid a previous loan of 11,000 PHP from ASKI. This previous loan was used to purchase additional products to sell. Rufina is requesting a new loan of 12,000 PHP, which will be used to purchase additional products to sell. This loan will be the 10th loan taken out by Rufina 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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