Raquel works hard to provide for her family. Specifically, she buys and sells cosmetics in the Philippines. She has been running her cosmetic sales business for 20 years, and she also earns additional income buying and selling charcoal and raising pigs.
She is requesting a loan in the amount of 22,000 PHP through NWTF to purchase more inventory, such as lotions, perfumes, and colognes, to sell. Raquel has borrowed and repaid 17 previous loans from NWTF. Raquel aspires to save money to expand her business.
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 FoundationNegros 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.
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Success!! The loan was 100% repaid