A loan of $575 helped to purchase fertilizers such as manure.

Antonio's story

Antonio A. is from the village of District 4. He is 53 years old. Antonio is married and has three adult children. To make a living, Antonio raises crops, primarily rice, for sale. Antonio has been engaged in his business for more than 23 years and earns approximately 10000 PHP a month.

In 2010, Antonio joined ASKI to gain access to financial services to help improve his business and living situation. Antonio is requesting a loan of 25000 PHP, which will be used to purchase fertilizers such as manure. This will be the first loan taken by Antonio from ASKI. He plans to use the additional revenue generated from the loan to improve and expand his 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, 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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