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

Luzviminda's story

Luzviminda S. is from the village of Brgy. Banganan, Aritao, Nueva Vizcaya. She is 54 years old, married and has 3 adult-aged children. Luzviminda owns and operates a farming business, planting and harvesting a variety of vegetables for sale. Luzviminda has been engaged in her business for over 10 years and earns approximately 6,000 PHP a month from it.

In 2010, Luzviminda joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Luzviminda has successfully repaid a previous loan of 11,000 PHP from ASKI, which was used to purchase additional seeds, seedlings and young crops to raise. Luzviminda is requesting a new loan of 15,000 PHP which will be used to purchase fertilizers such as manure. This will be the 2nd loan taken out by Luzviminda from ASKI. She plans to use the additional revenue generated from the business to financially support immediate members of her family.

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, 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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