A loan of $350 helped to purchase feed & other supplies.

Mildred's story

Mildred L. is from the village of Brgy. Salamague, Lamut, Ifugao. She is 50 years old. Mildred is married and has five adult children. To make a living, Mildred owns & operates a business raising pigs for breeding. Mildred has been engaged in her business for over eight years and earns approximately 4,000 PHP a month for these activities.

In 2007, Mildred joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Mildred has successfully repaid a previous loan of 12,000 PHP from ASKI. This previous loan was used to purchase breeding livestock. Mildred is requesting a new loan of 15,000 PHP, which will be used to purchase livestock feed & other supplies. This loan will be the sixth loan taken out by Mildred from ASKI. She plans to use the additional revenue generated from the business to improve the general living conditions 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, 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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