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Teresa
Teresa is 45 years old and a widow with two children. For the past 20 years, she has operated a general store in the Philippines. Teresa works very hard to provide for her family.

Teresa is requesting a 22,000 PHP loan through NWTF to purchase stocks to sell such as cooking oil, canned goods, spices, snack foods, and other items. In the future, she would like to build and expand her business to secure the financial stability of 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
  • 1144
    View loans »
    Philippines Loans Fundraising
  • $54,880,275
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Teresa to purchase cooking oil, canned goods, spices, snack foods, and other items.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013