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Thelma
Thelma is helping her husband in managing their rice farming business. They helping each other, sharing ideas to get a better quality of crop that will sell at a high price. They are doing this just for the future of their children.

Thelma is 37 years of age and blessed with three children. She and her husband started farming business when they got married. Now, they have been 20 years in farming and still continue managing their farm because it is their primary source of income of the family.

Thelma wants to borrow a loan of P25,000 to buy seeds, fertilizers and herbicides to use in farming. She wishes to develop her skills in managing their farm to maintain the business and continue earning profits from the business.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $1175
    Average annual income
  • 241
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Thelma to buy seeds, fertilizers and herbicides to use in farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 10, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 21, 2012