Check out some available loans that are similar to this one!
Mercedita
Mercedita G. is a widow who supports her family by her fishing and general store businesses. She lives in Prk Nylon Shell, Barangay Canmoros, Binalbagan, Negros Occidental, with her nine children who are from 25 to 42 years old.

Mercedita has been a member of NWTF-Project Dungganon since 1992 and has improved her living conditions with the help of her loans from NWTF and through her own efforts. By working hard in her fishing and general store businesses, she is gradually making her family more economically stable. She now earns an average monthly income of Php 13,000.

Mercedita is now borrowing Php 35,000 so that she is able to expand her fishing and general store businesses. This will be her 16th loan from NWTF-Project Dungganon. Her previous loan of Php 35,000, which she paid off well within its term, was just another step in her journey towards economic freedom.

Mercedita aspires to elevate her family’s living conditions and ensure their future wellbeing by following the “Dungganon” way.


About NWTF:
In a world full of challenges, Negros Women for Tomorrow Foundation (NWTF), is making a difference in the lives of thousands of women through Project Dungganon (a Hiligaynon word that means Honorable). Through the alleviation program, NWTF is empowering these women to progress out of earning less than $1 a day to achieving realities that surpass even their dreams. They have taken a life path that will ultimately make them Dungganon - a title of esteem that is bestowed to a member of a community who has earned the respect through a lifetime of hard and honest work.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>

About Negros Women for Tomorrow Foundation

Negros Women for Tomorrow Foundation, Inc. (NWTF) is a non-governmental organization established with an aim to help women achieve self-sufficiency, particularly in the province of Negros Occidental’s low-income communities. The organization offers its clients a wide variety of products, including loans for micro-entrepreneurs, hospital income benefits, life insurance, accidental death benefits and more. Kiva lenders’ funds will be used to expand the reach of these products to women in low-income urban and rural communities.

About Philippines

  • $1175
    Average annual income
  • 264
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 45.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Mercedita to use as additional working capital for her businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011