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Magdalena
Magdalena, a 44-year-old married mother of three children, works very hard to provide for her family. Magdalena has been operating a general store in the Philippines for six years now, selling a variety of items such as shampoo, canned goods, detergent and other groceries. She has requested a PHP 16000 loan through NWTF to purchase more groceries to sell.



In the future, Magdalena would like to save enough money so she can continue to support her children's college education.

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
  • 1477
    View loans »
    Philippines Loans Fundraising
  • $59,115,875
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Magdalena to purchase more groceries to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 21, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013