A loan of $250 helped purchase fertilizer for his rice farm.

Ildefonso's story

Ildefonso O. is from the village of Canabuan Aritao, Nueva Vizcaya. He is 33 years old. Ildefonso is married and has 2 school-aged children.

To make a living, Ildefonso plants and harvests rice for sale. Ildefonso has been engaged in his business for over 15 years and earns approximately 38000 PHP per harvest.

In 2011, Ildefonso 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 new loan of 10000 PHP to purchase fertilizer such as manure. This will be his first loan from ASKI. He plans to use the additional revenue generated from the business to support his family.

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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