A loan of $625 helped to purchase fertilizer such as manure.

Nenita's story

Nenita A. is from the village of Camarag San Isidro. She is 46 years old. Nenita is married and has four school-aged children. To make a living, she plants and harvests rice for sale. She has been engaged in her business for over twenty-two years and earns approximately $810 per harvest.

In 2010, Nenita joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 22,000 PHP from ASKI. This previous loan was used to purchase additional seeds, seedlings and young crops to raise.

Nenita is requesting a new loan of 27,000 PHP which will be used to purchase fertilizer such as manure. This will be her 2nd loan from ASKI. She plans to use the additional revenue generated to improve her 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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