A loan of $175 helped to purchase livestock feed and other supplies.

Merlina's story

Merlina S. is from the village of Olango. She is 37 years old. Merlina is married and has two school-aged children. To make a living, Merlina raises pigs for fattening and sale. Merlina has been engaged in her business for over one year and earns approximately 3000 PHP when she sells her animals.

In 2009, Merlina joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Merlina has successfully repaid a previous loan of 8000 PHP from ASKI. This previous loan was used to purchase livestock feed and other supplies. Merlina is requesting a new loan of 7000 PHP which will also be used to purchase livestock feed and other supplies. This will be Merlina's third loan from ASKI. She plans to use the additional revenue 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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