Teodora Nolido


Status: Paying Back

$550.00   Loan Amount
18% repaid

About the Entrepreneur

Name: Teodora Nolido
Location: Bago City, Negros Occidental, Philippines
Activity: Pigs

About the Loan

Loan Amount: $550.00
Loan Use: Additional capital
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 5, 2009
Date Disbursed: Sep 10, 2009
Date Funded:Oct 6, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.6587 PHP = 1 USD



Mrs. Teodora Nolido is from Prk. San Jose, Brgy. Calumangan, Bago City. She is 53 years old and married to Ernesto Nolido. She has six school age children.

She has been a member of the NWTF-Project Dungganon since 1999. Before she joined, Teodora already had a small vegetable farm, but she kept it for their family's consumption only. When some of her neighbors started inquiring about buying some of the vegetables that her family could not consume, Teodora got the idea that it would be a good income source if she increased her production and sold vegetables in the local market. As the volume of production grew, she started building good customer relations and soon had many regular customers, some of whom bought vegetables in bulk. Teodora also raised pigs in her backyard as a supplementary source of income. All these ventures were made possible because she is able to access loans for capital from NWTF-Project Dungganon, and the relationship prospers because Teodora always pays her weekly installments on time and fully pays her loan within its loan term.

Because her vegetable farm can for now sustain itself, Teodora plans to expand her pig fattening business. She is planning to borrow PHP 25,000 for her 8th cycle loan for this specific purpose.

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 the 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 Teodora Nolido


Loan has been disbursed
 
Entrepreneur: Teodora Nolido
Location: Bago City, Negros Occidental, Philippines

Thank you for your loan. It has been disbursed to Teodora Nolido by Negros Women for Tomorrow Foundation, Inc. (NWTF) in Philippines. We are excited to watch this business grow. Over the 8 months of this loan, Negros Women for Tomorrow Foundation, Inc. (NWTF) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bago City, Negros Occidental, Philippines
Oct 7, 2009
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Kiva Help Repayment Schedule for Teodora Nolido

  Expected Repayments Actual Repayments Comments
December 2009 $101.32 $101.32 Repayment Received
January 2010 $57.89 Available Jan 1  
February 2010 $72.37 Available Feb 1  
March 2010 $57.89 Available Mar 1  
April 2010 $57.90 Available Apr 1  
May 2010 $57.89 Available May 1  
June 2010 $72.37 Available Jun 1  
July 2010 $57.89 Available Jul 1  
August 2010 $14.48 Available Aug 1