A loan of $525 helped to purchase livestock feed & other supplies.


Leonida's story

Leonida L. is from the village of Brgy. Munguia, Dupax del Norte, Nueva Vizcaya. She is 48 years old. Leonida is widowed. To make a living, Leonida owns & 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 from raising pigs for fattening and sale. Leonida has been engaged in her business for over 10 years and earns approximately 4000 PHP when she sells one of of her raised animals.

In 2007, Leonida joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Leonida has successfully repaid a previous loan of 20,000 PHP from ASKI. This previous loan was used to purchase baby livestock to raise & sell in future. Leonida is requesting a new loan of 22,000 PHP which will be used to purchase livestock feed & other supplies. This will be the 3rd loan taken out by Leonida from ASKI. She plans to use the additional revenue generated from the business to improve/expand her business.

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 of 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.



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