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Armida, age 40, operates a furniture shop business. She has been engaged in this work for 10 years. She and her husband have seven children, five of whom are in school. She is a very hard-working entrepreneur.

Armida has requested a PhP 20000 loan amount through NWTF in order to purchase furniture supplies.

In the future, Armida would like to save enough to support the financial stability 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 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.

About Philippines

  • $7,000
    Average annual income
  • 1608
    View loans »
    Philippines Loans Fundraising
  • $60,713,650
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Armida to purchase furniture supplies.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Oct 22, 2012
Nov 17, 2012
Currency Exchange Loss:
Apr 17, 2013