A loan of $575 helped to purchase additional seeds, seedlings & young crops to raise.

Wilma's story

Wilma R. is from the town of Rizal, Quirino, Isabela. She is 47 years old. Wilma is married and has two adult children. To make a living, Wilma owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting and harvesting rice for sale. Wilma has been engaged in her business for over 10 years and earns approximately 6000 PHP a month for these activities.

In 2007, Wilma joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Wilma has successfully repaid a previous loan of 25,000 PHP from ASKI. This previous loan was used to purchase fertilizers such as manure. Wilma is requesting a new loan of 25,000 PHP which will be used to purchase additional seeds, seedlings & young crops to raise. This will be the 7th loan taken out by Wilma 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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