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Jocelyne
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.

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

  • $1175
    Average annual income
  • 260
    View loans »
    Philippines Loans Fundraising
  • $50,678,025
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,175 helped Jocelyne to purchase more stocks of Avon products and personal items to sell.
53% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2014
Listed
Jul 28, 2014
Currency Exchange Loss:
Possible