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Raquel
Raquel is 50 years old and married with 4 children.

Raquel works hard to provide for her family. She runs a general store in the Philippines and has requested a PHP30,000 loan through NWTF to purchase more items to sell, like soap, shampoo, canned goods, etc.

Raquel has borrowed and paid 8 loans from NWTF before this loan. She has been running the general store for 20 years and also earns an income from gasoline sales.

Raquel aspires to repair and renovate her family home.

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
  • 1510
    View loans »
    Philippines Loans Fundraising
  • $59,099,150
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Raquel to purchase more items to sell, like soap, shampoo, canned goods, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013