A loan of $400 helped to purchase tires and other accessories for transport business.

Andrea's story

Andrea N. is from the village of Dalig Viejo. She is 52 years old and married. Andrea owns and operates a business providing motorcycle transportation services. Andrea has been engaged in her business for over 10 years.

In 2007, Andrea joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Andrea has successfully repaid a previous loan of 15000 PHP from ASKI. This previous loan was used to repair an existing vehicle for better service. Andrea is requesting a new loan of 18000 PHP which will be used to purchase tires and other accessories. This loan will be the 7th loan taken out by Andrea from ASKI. She 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

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Loan details