A loan of $200 helped to purchase additional inventory.


Susan's story

Susan I. is from the village of Punit. She is 38 years old, married and has 2 school-aged children. Susan owns and operates a general store which offers a variety of products to the local community. Susan has been engaged in her business for over 3 years.

In 2009, Susan joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Susan has successfully repaid a previous loan of 7000 PHP from ASKI. This previous loan was used to purchase additional products to sell. Susan is requesting a new loan of 9000 PHP which will be used to purchase additional inventory. This loan will be the 3rd loan taken out by Susan 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 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.



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