Nenita Medina
Status: Paying Back
| $225.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Nenita Medina |
|---|---|
| Location: | Bago City, Negros Occidental, Philippines |
| Activity: | Restaurant |
About the Loan
| Loan Amount: | $225.00 |
|---|---|
| Loan Use: | To be able to offer a wider variety of food at her luncheonette business |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 22, 2009 |
| Date Disbursed: | Aug 6, 2009 |
| Date Funded: | Aug 22, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Negros Women for Tomorrow Foundation, Inc. (NWTF) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 4 months |
| Kiva Entrepreneurs: | 259 |
| Total Loans: | $99,050 |
| Delinquency Rate: | 0.00% (see note) |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 48.3850 PHP = 1 USD |
Nenita tells us that although she has been running her carinderia (luncheonette) for the past ten years, it was not until she joined NWTF-Project Dungganon five years ago that she was able to expand and improve her business, making the carinderia lucrative enough to support her family and to pay for the tuition fees of her children.
Now on her fourteenth loan cycle, Nenita is borrowing PHP 10,000 so that she can offer a wider variety of food to her customers and earn enough to support her family and to continue to be able to pay tuition fees.
About NWTF:
In a world full of challenges, Negros Women for Tomorrow Foundation, Inc., has answered the calling of not just of a few but thousands of women. Through the alleviation program, these women have progressed from earning less than a measly $1 a day, to surpassing realities beyond their dreams. They have learned to live a life where they can finally be called honorable. This is Project Dungganon.
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Journal entries for Nenita Medina
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Loan has been disbursed
Location: Bago City, Negros Occidental, Philippines
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Posted by
from Bago City, Negros Occidental, Philippines
Aug 23, 2009 |
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Comment on this entry
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Repayment Schedule for Nenita Medina
Repayment Schedule for Nenita Medina
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2009 | $27.00 | $27.00 |  Repayment Received
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| November 2009 | $36.00 | $18.00 | Repayment Received
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| December 2009 | $45.00 | $63.00 | Repayment Received
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| January 2010 | $36.00 | Available Jan 1 | |||
| February 2010 | $45.00 | Available Feb 1 | |||
| March 2010 | $36.00 | Available Mar 1 | |||
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