A loan of $250 helped to purchase livestock feed and other supplies.


Leticia's story

Leticia F.'s main source of income comes from fattening pigs for sale. She is 48 years old, married and has three school-aged children. They are from the village of Esperanza West. Leticia has been in her business for over three years and earns approximately 4,000 Philippine pesos (PHP) when she sells one of her animals.

In 2010, Leticia joined ASKI to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Leticia has successfully repaid a previous loan of 5,000 PHP from ASKI which was used to purchase livestock to raise and sell. Leticia is requesting a new loan of 10,000 PHP which will be used to purchase livestock feed and other supplies. This will be her second loan from ASKI. She plans to use additional income to improve and expand her business.

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.



Loan details

Loan length:

7 months
Disbursed date: November 12, 2010
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: November 12, 2010
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)