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Thelma is 53, married and has four children; two are studying to go to college. She has a sari-sari (general store) where she sells goods such as canned goods, noodles, soy sauce and vinegar.

Thelma wants to extend the variety of stock she sells in her store. She is asking for a 30,000 PHP loan from ASKI to buy snack foods like bread, cookies and soft drinks. She hopes to get more income from the business by expanding on the types of products she sells.

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

  • $7,000
    Average annual income
  • 1147
    View loans »
    Philippines Loans Fundraising
  • $63,466,825
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Thelma to buy snack foods to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 29, 2012
May 2, 2012
Currency Exchange Loss:
Sep 15, 2012