A loan of $175 helped to purchase feed & other supplies.

Janet's story

Janet M. is from the village of Little Tadian. She is 33 years old. Janet is married and has two school-aged children. To make a living, Janet owns & operates a business raising pigs for breeding. Janet has been engaged in her business for over two years and earns approximately 3,000 PHP a month for these activities.

In 2010, Janet joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Janet has successfully repaid a previous loan of 5,000 PHP from ASKI. This previous loan was used to purchase baby pigs to raise & sell in the future. Janet is requesting a new loan of 7,000 PHP, which will be used to purchase feed & other supplies. This loan will be the second loan taken out by Janet from ASKI. She plans to use the additional revenue generated from the business to pay the tuition fees for her children.

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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