A loan of $100 helped to purchase breeding livestock.

Melba's story

Melba T. is from the village of Villa Concepcion, Cauayan City, Isabela. She is 47 years old. Melba is married and has 9 adult children. To make a living, Melba owns and operates a business venture in the agriculture sector, raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for fattening and sale. Melba has been engaged in her business for over 5 years and earns approximately 3,000 per month.

In 2010, Melba joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Melba is requesting a new loan of 4,000 PHP, which will be used to purchase breeding livestock. This loan will be the 1st loan taken out by Melba from ASKI. She plans to use the additional revenue generated from the business to supplement the family's income.

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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Loan details