A loan of $350 helped to purchase fertilizers such as manure.

Floriano's story

Floriano V. is from the village of Victoria. He is 43 years old. Floriano is married and has three school-aged children. To make a living, he plants and harvests corn to sell. He has been engaged in his business for over twenty-nine years and earns approximately $117 a month for these activities.

In 2010, Floriano joined ASKI to gain access to financial services to help improve his living situation and ability to engage in business activities. He is requesting a loan of 15,000 PHP which will be used to purchase fertilizers such as manure. This will be his 1st loan from ASKI. He plans to use the additional revenue generated to improve his 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.

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