A loan of $1,175 helped to purchase fertilizers such as manure.

Marcelina's story

Marcelina J., from the village of Sinama, is 58 years old, married, and has four school-aged children. To make a living, Marcelina has been planting and harvesting corn for sale for over 28 years, earning approximately 20,000 PHP a month.

In 2008, Marcelina joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan of 35,000 PHP from ASKI that was used to purchase additional seeds, seedlings and young crops to grow, she is now requesting her eighth loan of 50000 PHP to purchase fertilizers such as manure. Marcelina plans to use the additional revenue generated from the business to improve the general living conditions of her 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 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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