A loan of $125 helped to expand and improve her business by purchasing and ultimately selling additional livestock.

Edina's story

Edina Q. is a 64-year-old woman from Capatan, Tuguegarao City. Edina is a widow with seven adult-age children. To make a living, Edina owns and operates a business venture in the agriculture sector by raising livestock. She explains that her primary source of income is derived from raising pigs and re-selling them for profits. Edina has been engaged in this business for over six years and earns approximately 4,500 PHP per month from these activities.

In 2005, Edina joined ASKI to gain much-needed access to financial services. As a result, she was better able to engage in business activities and to improve her family's standard of living. Recently, Edina successfully repaid a prior loan in the amount of 10,000 PHP from ASKI. Edina is now requesting a new loan, this time in the amount of 5,000 PHP ($125), which would be used to purchase young livestock to raise and sell in the future. Notably, this loan would be her fifth loan from ASKI. She plans to use the additional revenue generated from the business as a result of the loan 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 of the country. Its clients mostly consist of farmers, fishermen/women, and entrepreneurs.

Loan details

Lenders and lending teams

Loan details