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Margelita
Margelita is 45 years old, married and has six children. With all her children in school, Margelita works very hard to provide for them.

Margelita runs a sari-sari (variety) store in the Philippines and requested a PHP 15,000 loan through NWTF to buy more items to sell.

Margelita has been in this business for 12 years and sells a variety of items such as rice, canned goods, soft drinks and other groceries.

In the future Margelita would like to save enough money to expand her general store.

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
  • 501
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Margelita to buy more items to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2012
Listed
Feb 28, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012