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Hermilo
As the married parent of five children, Hermilo works hard to support his family.

He has a used clothing business in the Philippines, and also earns additional income from pig fattening. Hermilo is borrowing PHP 30,000 through NWTF to purchase additional bundles of used clothes to sell.

Hermilo has been sustaining his business activities through his past 22 loans from NWTF. He hopes that his hard work will help attain his dream to save enough money to send his children to college.

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
  • 358
    View loans »
    Philippines Loans Fundraising
  • $52,140,475
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Hermilo to purchase additional bundles of used clothes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013