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Cynthia
Cynthia engages in direct selling of Avon products. She sells underwear, bras, makeup and fragrances. She is 47 years old and still single. According to her, she focuses on the business she has now because she wanted to be one of the top sellers in the business she has as her dream.

Cynthia started the business as a franchise dealer, she pick up her customers' orders and delivers them to their house. Now, Cynthia has her stall in front of her house. She needs additional capital to purchase more products to sell. Cynthia is requesting a loan of 30,000 Philippine Pesos (PHP) to purchase bras, makeup, lotion, and some beauty products to sell. She will manage the business well to reach her dream quickly.

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
  • 1661
    View loans »
    Philippines Loans Fundraising
  • $59,015,550
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Cynthia to purchase bra, make up, lotion, and some beauty products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013