Jocelyn has a general store as her business. She is 38 years of age, married and has one child. Her husband works abroad as a company driver.
Jocelyn started her business with direct-selling of beauty products in their village. When she got tired of doing her daily routine, which was house-to-house delivery of products she offered, she decided to manage a sari-sari store business where she could also display her cosmetic products. At present, she has low stocks of grocery items in her store due to crisis and most of her customers get the products on credit. So she is in need of additional capital amounting to 50,000 PHP to buy grocery items and mobile load to sell. She will do her best in managing the business to grow and prosper.
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.