Funded

Total loan: $250
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Magelyn


A loan of $250 helped to buy lipstick, pressed powder, lotion and perfumes to sell.


Magelyn's story

Magelyn is 43 years old and married with two children. She works very hard to provide the needs of her family. She is an Avon cosmetics products distributor in the Philippines and because of insufficient capital, she is requesting a loan of PHP 10,000. She wants to buy additional stock of Avon products to sell like lipstick, pressed powder, lotion and perfumes. She has been in this business for five years and she is earning an income of PHP 4,000 monthly. According to Magelyn, she will do everything just to provide the needs of her family, especially to do her responsibility as a mother of her two kids in terms of education and daily needs. In the future, Magelyn would like to save more funds for their future needs and to alleviate her family from poverty.



Loan details

Loan length:

7 months
Disbursed date: June 13, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: June 13, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)