A loan of $1,150 helped to purchase livestock feed & other supplies.

Stenely's story

Stenely E. is from the village of Namnama, Cabatuan, Isabela. She is 55 years old. Stenely is married and has 2 school-aged children. To make a living, Stenely owns & operates a business raising pigs for fattening and sale. Stenely has been engaged in her business for over 10 years and earns approximately 4000 PHP when she sells one of her raised pigs.

In 2008, Stenely joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Stenely has successfully repaid a previous loan of 10000 PHP from ASKI. The previous loan was used to invest in expanding the business. Stenely is requesting a new loan of 50000 PHP which will be used to purchase livestock feed & other supplies. This loan will be the 6th loan taken out by Stenely from ASKI. She plans to use the additional revenue generated from the business 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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