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

Dionicio's story

Dionicio G. is from the village of Esperanza West, Aurora, Isabela. He is 35 years old. Dionicio is married and has 1 young child. To make a living, Dionicio owns & operates a business, primarily planting and harvesting rice for sale. Dionicio has been engaged in his business for over 5 years and earns approximately 3000 PHP every harvest season.

In 2010, Dionicio joined ASKI to gain access to financial services to help improve his living situation and his ability to engage in business activities. Dionicio is requesting a new loan of 15000 PHP, which will be used to purchase fertilizers such as manure. This will be the 1st loan taken out by Dionicio from ASKI. He plans to use the additional revenue generated from the business 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 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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