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Rutchel
Rutchel is 39 years old, married, and has three children. She works hard to provide for her family. Rutchel runs a general store in the Philippines. She has requested a 12,000 PHP loan through NWTF to purchase additional items to sell such as rice, sardines, sugar, soap, canned goods, etc.

Rutchel has borrowed and paid two loans from NWTF before this loan. She has been running the general store for 15 years and also earns an income from farming sugarcane. Rutchel aspires to save money to expand her business.

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
  • 1295
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rutchel to purchase additional items to sell such as rice, sardines, sugar, soap, canned goods, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013