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Elena
Elena is a hardworking entrepreneur who has makes hollow blocks as a business in the Philippines.

She is borrowing 13,000 PHP (Philippines pesos) through NWTF to purchase additional materials like cement, sand and gravel, etc., for her hollow blocks business.

Elena has been in this business for eight years. Elena earns more income from buying and selling rice.

Elena has been sustaining her business activities through her own efforts with the help of the loans from NWTF. She dreams to save enough so she could afford to send her children to college in the future.

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
  • 425
    View loans »
    Philippines Loans Fundraising
  • $52,684,250
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Elena to purchase additional materials like cement, sand and gravel, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013