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Ritchel
Ritchel N. is a married woman who lives in Brgy. Manghanoy, La Castellana, Negros Occidental. She earns her living by operating two business ventures, a general Store and a pig fattening business. Her husband Melvin, who is 40 years old, works as a farmer to earn his living and also helps in his wife's business activities. They have three children who are aged one to 15 years old.

Ritchel joined NWTF-Project Dungganon in 1998 because she aspired for something better for her family. With the help of her past 20 loans from NWTF-Project Dungganon, she has been incrementally lifting her family out of poverty by the sweat of her brow. Her previous loan of 10,000 Philippine pesos (PHP) helped her earn a monthly profit of 8,500 PHP, thus uplifting her family's standard of living.

This time, for her 21st cycle loan, she is borrowing 49,500 PHP, with which she intends to purchase more stock for her sari-sari store (a neighborhood general store) so that she can continue to save up for the future and the education of her children. Ritchel 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
  • 844
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 44.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Ritchel purchase more stock for a small general store.l.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2010
Listed
Aug 21, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011