A loan of $350 helped to purchase livestock feed & other supplies.

Esperanza's story

Esperanza E. is from the village of Brgy. Inaban, Dupax del Norte, Nueva Vizcaya. She is 54 years old. Esperanza is married and has five adult-aged children. To make a living, Esperanza owns & operates a business raising pigs for breeding. Esperanza has been engaged in her business for over 7 years and earns approximately 3,500 PHP a month for these activities.

In 2009, Esperanza joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Esperanza has successfully repaid a previous loan of 13,000 PHP from ASKI. This previous loan was used to purchase breeding livestock. Esperanza is requesting a new loan of 15,000 PHP, which will be used to purchase livestock feed & other supplies. This loan will be the third loan taken out by Esperanza from ASKI. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 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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