Total loan: $1,075


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Marabulig 1,Cauayan City,Isabela, Cagayan Valley, Philippines / Retail

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A loan helped To purchase additional products to sell.

Thelma's story

Thelma C. is from the village of Marabulig 1, Cauayan City, Isabela. She is 56 years old, is married, and has five adult children. Thelma owns and operates a business selling doormats, rugs, sofa bedding, and pillows to the local community. She has been engaged in her business for over five years and earns approximately 10,000 PHP a month. In 2006, Thelma joined ASKI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a new loan of 50,000 PHP which will be used to purchase additional products to sell. This loan will be her eighth from ASKI. She plans to use the additional revenue generated from the business to improve and expand her business. About ASKI: ASKI is one of the most successful microfinance institutions in the Philippines. It has twenty-one branches covering the Central and Northeastern areas. Its clients are mostly of farmers, fisherfolk 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.