A loan of $200 helped purchase fertilizer for his rice farm.

Victoriano Sr's story

Victoriano Sr G. is from the village of Canabuan Aritao, Nueva Vizcaya. He is 46 years old, is married, and has 3 school-aged children. To make a living, Victoriano Sr plants and harvests rice for sale. He has been engaged in his business for over 15 years and earns approximately 25000 PHP every harvest season.

In 2011, Victoriano Sr joined ASKI to gain access to financial services to help improve his living situation and ability to engage in business activities. He is requesting a loan of 8000 PHP to purchase fertilizer such as manure. This is Victoriano Sr's first loan from ASKI. He plans to use the additional revenue generated from the business to pay his children's tuition fees.

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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