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

Maritess's story

Maritess Q. is from the village of Santa Clara Aritao, Nueva Vizcaya. She is 37 years old, married and has 4 school-aged children. To make a living, Maritess owns and operates a business planting and harvesting rice for sale. Maritess has been engaged in her business for over 10 years and earns approximately 35,000 PHP per harvest.

In 2011, Maritess joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Maritess is requesting a new loan of 15,000 PHP which will be used to purchase fertilizers such as manure. This loan will be the first loan taken out by Maritess from ASKI. She plans to use the additional revenue generated from the business to pay the tuition fees of her children.

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, fisherfolk 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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Loan details