A loan of $475 helped to pay for services to increase crop yield.

Jonathan's story

Jonathan P. is from the village of Olango, Mallig, Isabela. He is 33 years old and married, with an infant child. To make a living, Jonathan plants and harvests rice for sale. Jonathan has been engaged in his business for more than 20 years and earns approximately 25000 PHP a month.

Jonathan joined ASKI this year to gain access to financial services to help improve his living situation and ability to engage in business activities. Jonathan is requesting his first loan, for 20000 PHP, to be used to pay for services to increase crop yield. This loan will be the first loan taken out by Jonathan from ASKI. He plans to use the additional revenue generated from the business to improve his 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 areas. Its clients are mostly farmers, fishers 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