A loan of $125 helped to purchase additional products to sell.

Mary Ann's story

Mary Ann G. is from the village of Brgy. Bone North, Aritao, Nueva Vizcaya. She is 35 years old. Mary Ann is married and has 3 school-aged children. To make a living, Mary Ann owns & operates a business venture in the retail sector running a general store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling both food & daily use products in the local community. Mary Ann has been engaged in her business for over 7 years and earns approximately 3000 PHP a month for these activities.

In 2011, Mary Ann joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Mary Ann is requesting a new loan of 5000 PHP which will be used to purchase additional products to sell. This loan will be the 1st loan taken out by Mary Ann from ASKI. She plans to use the additional revenue generated from the business to improve the general living conditions 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 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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