A loan of $300 helped to purchase products to sell.


Estrelita's story

Estrelita A. is from the village of Bannagao. She is 59 years old. Estrelita is married and has 7 adult children. To make a living, Estrelita owns & operates a general store, selling a variety of different products in the local community. Estrelita has been engaged in her business for over 5 years and earns approximately 3,500 PHP a month from these activities. In 2006, Estrelita 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 10,000 PHP from ASKI. That loan was used to purchase additional products to sell. Estrelita is requesting a new loan of 12000 PHP, which will be used to purchase new items to expand product offering. This loan will be her 10th loan from ASKI. She plans to use the additional revenue generated 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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