A loan of $425 helped to purchase livestock feed & other supplies.

Glory's story

Glory D. R. is from the village of Rizal West San Isidro. She is 55 years old. Glory is married and has 3 adult-aged children. To make a living, Glory owns & operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for fattening and sale. Glory has been engaged in her business for over 10 years and earns approximately 4000 PHP when she sells one of her raised animals.

In 2006, Glory joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Glory has successfully repaid a previous loan of 15000 PHP from ASKI. This previous loan was used to purchase livestock feed & other supplies. Glory is requesting a new loan of 18000 PHP which will be used to purchase livestock feed & other supplies. This loan will be the 10th loan taken out by Glory from ASKI. She plans to use the additional revenue generated from the business to improve the 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 of 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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