A loan of $475 helped to purchase livestock feed and other supplies.


Daisy's story

Daisy A. is from the village of Nungnungan, Cauayan City,. She is 44 years old. Daisy is married and has two school-aged children. To make a living, Daisy owns and operates a business 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. Daisy has been engaged in her business for more than two years and earns approximately 10,000 PHP every four months.

In 2006, Daisy joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Daisy has successfully repaid a previous loan from ASKI. This previous loan was used to purchase livestock feed and other supplies. Daisy is requesting a new loan of 20,000 PHP, which will be used to purchase livestock feed and other supplies. This loan will be the 10th loan taken out by Daisy from ASKI. She plans to use the additional revenue generated from the business to improve/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 of farmers, fisherfolks and small entrepreneurs.



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