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Jocelyne
Jocelyne is a hard-working mother who is engaged in selling AVON, Natasha and MSE products in her village. She is 48 years old and married with two school-aged children. She aims to strengthen her business so that she can earn income to help her husband finance the education of their children and renovate their house to live more comfortably.

She wants to increase her product offerings to satisfy her custumers' needs, but due to inadequate capital, she needs an additional capital of 25,000 Philippines pesos (PHP) to buy lotions, body sprays, underwear, jewelry, footwear, and shirts to sell in the village. She believes that her patience and strong determination will help her to achieve her goals.

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

  • $1175
    Average annual income
  • 1144
    View loans »
    Philippines Loans Fundraising
  • $54,870,375
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Jocelyne to buy lotion, body sprays, underwear, jewelry, footwear, and shirts to sell in the village.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2011
Listed
Aug 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012