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Jocelyn
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.

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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1067
    View loans »
    Philippines Loans Fundraising
  • $57,698,150
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Jocelyn to buy grocery items and mobile load to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014