Check out some available loans that are similar to this one!
Marlina

Update on Marlina

Marlina is 45 years old and married. She has 2 children.

Marlina works hard to provide for her family. She runs a dried coconut meat retail business in the Philippines and has requested a PHP 20000 loan, through NWTF, to purchase more stock to sell.

Marlina has borrowed and repaid 2 loans from NWTF before this loan. She has been running the dried coconut meat retail business for 16 years and also earns an income from pig fattening and a general store.

Marlina aspires to build and expand her business to secure the future of her family.

Previous Loan Details

Marlina works hard to support her family. Marlina is married and has a general store business in the Philippines. Marlina is borrowing PHP 4,100 through NWTF to buy a solar lamp. She is getting the solar lamp because she wants to have backup light in case of emergency. Marlina is aware t... More from Marlina's previous loan »

Additional Information

More information about this loan

This loan is part of NWTF's green loan program, which helps clients to gain access to environmentally friendly products that reduce pollution in the Philippines.

About Negros Women for Tomorrow Foundation

Negros Women for Tomorrow Foundation, Inc. (NWTF) is a non-governmental organization established with an aim to help men and 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 low-income urban and rural communities.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 1492
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Marlina to purchase more stock to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Jun 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013