Originally from Florida, Prem Thomas spent the past four years working in finance in New York City. Most recently, he spent two years as a Senior Associate at the New York City Investment Fund (NYCIF), a venture capital fund with a civic mission to help build and diversify the local economy, where he focused on investments in media and healthcare. Prior to joining NYCIF, Prem spent two years as an Analyst in Bank of America Securities’ Healthcare Investment Banking Group. While in New York, he also served as a junior board member and volunteer for StreetWise Partners, a non-profit dedicated to providing professional mentorship and workplace training to low-income individuals. Prem received his B.S. in Business Administration from the University of North Carolina at Chapel Hill, where he was a Steamboat Scholar, and participated in the business school’s Global Scholars Program. He has travelled across Europe, Southeast Asia, India and Latin America and speaks conversational Spanish and understands Malayalam. Prem is excited to experience microfinance in the field and see how far local entrepreneurs can stretch a Kiva loan.
My name is Prem Thomas and I had the pleasure of spending the last 14 weeks volunteering as a Kiva Fellow at the Center for Community Transformation (CCT), a pilot field partner in Manila. I was placed
here to [...]
Emerita used 5,000 pesos of her 17,000 peso loan to buy inventory (toys, mangoes, commodities and raw goods) for her store. She will use the remaining 12,000 weekly to replenish her inventory as needed. [...]
Elma Jalandoni and her community in Marikina were severely affected by Typhoon Ondoy (Ketsana). Like many other residents in the area, Elma\'s store was damaged in the storm and she lost almost all over her [...]
Teresita used her loan to buy commodities such as rice and cell phone load, which she will resell to her customers. Compared to other CCT Partners, Teresita’s store is quite large and is run with the help of her [...]
Despite speaking English most of our meeting, Erlinda could only laugh when I started my camera.
Erlinda used her entire loan to buy inventory for her store including soft drinks, snacks, soap and diapers. [...]