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Maristela
Maristela O. is a married woman who lives in Brgy. Tapon, Dalaguete, Cebu. She earns a living by operating a beauty salon. Her husband, Eduardo O. who is 42 years old, works as a barber and also helps in his wife's business activities. They have 5 children who are 10 to 19 years old.

Maristela joined NWTF-Project Dungganon in 2007 because she aspired for something better for her family. With the help of her past 8 loans from NWTF-Project Dungganon, Maristela has been incrementally lifting her family out of poverty by the sweat of her brow. Her previous loan of PHP 45,000 helped her earn a monthly profit of PHP 75,000, uplifting the family's standard of living. This time, for her 9th cycle loan, she is borrowing PHP 49,500 which she intends to use as additional working capital and to purchase equipment for her beauty salon. She can then continue to save up for the future and security of her children. Maristela O. is a Dungganon woman who is following an honorable path towards the achievement of her dreams.

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 from 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. Help NWTF continue its mission to help the poorest in the Philippines by clicking the link to the NWTF Kiva lending team on Kiva.org to join our team.

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
  • 373
    View loans »
    Philippines Loans Fundraising
  • $50,935,875
    Funds lent in using Kiva
  • 45.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Maristela to provide additional capital and to purchase materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Aug 4, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011