Rosie P. is 35 years old and she is from the town of Gomez, San Isidro. She is the group leader of a 6-member group loan offered by ASKI. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is Rosie P..

Rosie is married and has 6 school-aged children. She owns and operates a business venture providing manicure and pedicure services in the local community. Rosie has been involved in her business for over 3 years and earns approximately 3000 PHP a month from this activity.

In 2009, Rosie joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosie has successfully repaid a previous loan of 5000 PHP from ASKI, which was used to purchase materials needed to provide service. Rosie is requesting a new loan of 7000 PHP, which will be used to purchase materials needed to provide service. 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 25 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.