A loan of $200 helped to build shelter for the borrower's livestock.

Milo's story

Milo P., age 47, is from the village of Salamague Lamut, Ifugao. He is married and has four school-aged children. To make a living, Milo raises livestock, specifically pigs, for fattening and sale. Milo has been engaged in his business for over three years and earns approximately 4,000 PHP whenever he sells one of his raised animals.

Milo joined ASKI this year to gain access to financial services. His goal was to help improve his living situation and increase his ability to engage in business activities. Milo is requesting a new loan of 8,000 PHP, which will be used to build shelter for his livestock. This will be the first loan taken out by Milo from ASKI. He plans to use the additional revenue generated from the business to pay the tuition fees of his 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, fisherfolk, and small-business 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