A loan of $700 helped to buy more items to sell to her customers.


Elizabeth's story

Elizabeth B. lives in the town of Bayombong, Nueva Vizcaya. She is 45 years old, married and has three school-aged children. Elizabeth makes a living by running a specialized store where she sells items such as glasses, watches and handbags to people who live in her community. She has been in business for more than 25 years and earns about 7,000 PHP a month from her work.

In 2009, Elizabeth joined ASKI to gain access to financial services to help improve her life and ability to engage in business. She has successfully repaid three loans from ASKI and is applying for a new one, for 30,000 PHP, to buy more products to sell to her customers. She plans to use the additional income made possible by this loan to improve her family's living conditions.

About ASKI:
ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 branches covering the Central and Northeastern parts of the country. Its clients are mostly of farmers, fishermen and women, 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 Partners to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.



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