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Jocelyn
Jocelyn S. is 39 years old and married. She has a general store where she sells grocery items, frozen foods and soft drinks. Jocelyn has had this business for almost eight years.

Jocelyn is requesting a loan of PHP 10,000 to purchase additional groceries, soft drinks and frozen foods. She usually earns about PHP 5,000 each month in this business.

In the future, Jocelyn hopes to expand her general store into a big grocery store. She believes that someday she can achieve her business goals through hard work and strong determination.

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
  • 1512
    View loans »
    Philippines Loans Fundraising
  • $59,099,150
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jocelyn to purchase additional groceries, soft drinks and frozen foods to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011