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Mercedita
Mercedita is sixty-nine years old, a widow with four children. She is a very hard working entrepreneur.

Mercedita has a general store business in the Philippines. Mercedita requested a PHP 25,000 loan amount through NWTF to buy more goods like shampoo, soft-drinks, snack foods and other groceries.

She has been in this business for twelve years. Mercedita would like to save enough to provide a secure future for her family.

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
  • 1231
    View loans »
    Philippines Loans Fundraising
  • $57,817,975
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mercedita to buy more goods like shampoo, soft-drinks, snack foods and other groceries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2012
Listed
Apr 15, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012