A loan of $700 helped to purchase seeds, seedlings & young crops to raise.

Segundina's story

Segundina E. is from the village of Dalig Viejo. She is 60 years old. Segundina is widowed and has 5 adult children. To make a living, Segundina owns and operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting, harvesting, and selling fruits and vegetables, such as onions. Segundina has been engaged in her business for over 12 years and earns approximately 8000 PHP a month for these activities.

In 2006, Segundina joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Segundina has successfully repaid a previous loan from ASKI. This previous loan was used to pay for services to increase crop yield. Segundina is requesting a new loan of 30000 PHP, which will be used to purchase additional seeds, seedlings & young crops to raise. This loan will be her 12th loan 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.

*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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