A loan of $350 helped to purchase additional products to sell.

Ofelia's story

Ofelia C. is from the village of San Juan, Alicia, Isabela. She is 46 years old, married, and has seven adult-aged children. To make a living, she sells used clothing products in the local community. She has been engaged in her business for over three years and earns approximately $128 a month for these activities.

In 2008, Ofelia joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting a new loan of 15,000 PHP which will be used to purchase additional products to sell. This will be her 5th loan from ASKI. She plans to use the additional revenue generated to expand her business.

About ASKI:

ASKI is one of the most successful micro-finance institutions in the Philippines. It has 29 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fisherfolk 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