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Marites
Marites is 31 years old, married, and has five children. She works hard to provide for her family, running a general store in the Philippines.

Marites requested a PHP 15,000 loan through NWTF to buy additional stock to sell in her store, like soap, noodles, toothpaste and bread. Marites has borrowed and repaid eight loans from NWTF, before this loan. She has been running the general store for 10 years and also earns income by buying and selling charcoal.

Marites aspires to save enough money so she could afford to finish the education of her children, to college level.

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

  • $7,000
    Average annual income
  • 1046
    View loans »
    Philippines Loans Fundraising
  • $57,699,900
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Marites to buy additional inventory to sell, like soap, noodles, toothpaste, and bread.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013