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Ronalet
Ronalet is a 27-year-old single woman who supports her family by operating an electronic re-loading of phone cards business. She lives in Valladolid, Negros Occidental. Ronalet joined NWTF-Project Dungganon in 2007 because she aspired for something better for her family. With the help of her past 10 loans from NWTF-Project Dungganon, Ronalet has been incrementally lifting her family out of poverty by the sweat of her brow. Her previous loan of PHP 25,000 helped her earn a monthly profit of PHP 10,000, uplifting the family's standard of living. This time, for her 11th loan, she is borrowing PHP 24,500 to purchase more electronic loads to sell so that she can continue to save up for future house improvement. Ronalet is a Dungganon woman who is following an honorable path toward the achievement of her dreams.

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

  • $7,000
    Average annual income
  • 1289
    View loans »
    Philippines Loans Fundraising
  • $57,916,375
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Ronalet to purchase more electronic loads (phone use cards) to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2011
Listed
Mar 24, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011