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Remedios
Remedios is a hardworking entrepreneur who has a buying and selling of nipa (woven palm mats used for house repair and construction) business in the Philippines.

She is borrowing 13,000 PHP (Philippines pesos) through NWTF to buy more stock of nipa to sell.

Remedios has been in this business for four years. Remedios earns more income from a general store.

Remedios has been sustaining her business activities through her own efforts with the help of the loans from NWTF. She dreams to save enough to provide a secure future for her family.

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
  • 1356
    View loans »
    Philippines Loans Fundraising
  • $56,526,750
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Remedios buy more stock of nipa (woven palm mats) to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013