A loan of $150 helped to purchase additional products to sell.

Joselina's story

Joselina D. is from the village of General Balao, Solana, Cagayan. She is 41 years old. Joselina is married and has four school-aged children. To make a living, Joselina owns and operates a general store. The main source of income for the business comes from selling a variety of different products in the local community. Joselina has been engaged in her business for over two years and earns approximately 3400 PHP a month for these activities.

In 2009, Joselina joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Joselina has successfully repaid a previous loan from ASKI. Joselina is requesting a new loan of 6000 PHP which will be used to purchase additional products to sell. This loan will be her second loan from ASKI. She plans to use the additional revenue generated from the business to support her family.

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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