A loan of $125 helped to purchase additional products to sell.


Eufemia's story

Eufemia C. is from the village of Estrada. She is 54 years old, married and has three adult-aged children. To make a living, Eufemia owns and operates a general store selling a variety of different products in the local community. Eufemia has been engaged in her business for over four years and earns approximately 2,000 PHP per month from these activities.

In 2010, Eufemia joined Kiva partner, 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 5,000 PHP, which will be used to purchase additional products to sell. This loan will be her first from ASKI. She plans to use the additional revenue generated from the business to improve her family's general living conditions.


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 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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