A loan of $725 helped a member to purchase livestock feed and other supplies.

Johanna's Group's story

Johanna S. is from the village of Calaocan, Angadanan, Isabela. She is 26 years old and the group leader of a five-member group loan offered by ASKI. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

Johanna is married and has two infant-aged children. To make a living, Johanna raises pigs for fattening and sale. Johanna is just starting this business.

In 2010, Johanna joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting a loan of 5,000 PHP which will be used to purchase livestock feed and other supplies. This will be her 1st loan from ASKI. She plans to use the additional revenue generated to improve her business.

About ASKI:

ASKI is one of the most successful micro-finance institutions in the Philippines. It has 38 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.

In this group: Johanna, Arleen, Gloria, Margie, Alfredo

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