A loan of $600 helped to purchase new items to expand product offering.


Melita's story

Melita S., from the village of Cabisera 9-11, San Antonio, Ilagan, Isabela, is 40 years old, married, and has two school-aged children. She has been selling food products in the local community for two years now, usually earning 5000 PHP a month.

In 2007, Melita 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 15,000 PHP from ASKI that was used to purchase additional products to sell, she is now requesting her sixth loan for 25000 PHP to purchase new items to expand product offering. Melita plans to use the additional revenue generated from the business to improve/expand her enterprise.

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.



Loan details

Loan length:

8 months
Disbursed date: March 25, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 25, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)