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Thelma is a strong-minded individual who aims to become successful someday. She is 37 years old and has three children. Through her patience and hard work, she is able to support the needs of her family but unable to save funds for the educational purposes of her children. Therefore, she wants to increase her sales at her retail store. To further make this possible, she is requesting a loan of 8,000 PHP to buy soaps, biscuits, noodles, eggs, candies and toothpaste for resale. She believes this loan would be of great help in making her business productive.

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
  • 455
    View loans »
    Philippines Loans Fundraising
  • $69,733,650
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Thelma to buy soaps, biscuits, noodles, eggs, candies and toothpaste for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Sep 16, 2012
Currency Exchange Loss:
Feb 15, 2013