In order to have an additional source of income, Jocelyne has been engaged in selling Avon and personal products within her community. She aims to make this business profitable in order to supplement her husband's income. She is 57 years old, and has two adult-aged children.
She wants to acquire more stock of these products to sell but she has insufficient capital. For this reason, she would like to access financial assistance of PHP 50,000 to purchase more stock of Avon products and personal items to resell.
She is known as a kind and friendly mother, and so she hopes that she will be able to sell more of her products to her friends and her neighbors.
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.