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Update on Sheryl

As a married mother of four children, Sheryl works hard to support her family.

She has a beauty parlor business in the Philippine. Sheryl is borrowing 12,000 PHP through NWTF to buy cosmetic supplies for her beauty salon.

Sheryl has sustained her business activities through her past three loans from NWTF and, more recently, through Kiva. She hopes that her hard work will help her attain her dream of saving enough money to expand her business and continue to send her children to college.

Previous Loan Details

Sheryl is married with four children. She is a very hard-working entrepreneur. Sheryl is 43 years old and has two children who are in school. Sheryl has a beauty parlor business in the Philippines. Sheryl requested a PHP 10,000 loan amount through NWTF to buy more cosmetics for her beauty salo... More from Sheryl's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 1004
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Sheryl to buy cosmetic supplies for her beauty parlor.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jan 22, 2013
Feb 6, 2013
Currency Exchange Loss:
Nov 17, 2013
This photo was used before for a previous loan for Sheryl. It was first posted on Kiva on Jul, 2012. Learn More