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Margarita
Margarita is a hardworking entrepreneur who has a general store business in the Philippines. She is borrowing PHP 40,000 through NWTF to purchase additional items such as soap, spices, egg, noodles, etc. to sell in her general store.

Margarita has been in this business for 30 years. She earns additional income from farming sugarcane, raising pigs, and the retail of rice and gasoline. Margarita has been sustaining her business activities through her own efforts with the help of loans from NWTF. She dreams to save money to expand her business 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 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
  • 1496
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Margarita to purchase additional items such as soap, spices, egg, noodles, etc. to sell in her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013