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Nelma
Nelma is 55 years old, and married with five children who are in school. She is a very hard working entrepreneur. Nelma has a motorcycle transport business in the Philippines. Nelma requested a PHP 20,000 loan through NWTF to purchase spare parts for the maintenance of her motorcycle.
Nelma has been in this business for 10 years. In the future, Nelma would like 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 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
  • 1474
    View loans »
    Philippines Loans Fundraising
  • $59,381,875
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Nelma to purchase spare parts for the maintenance of her motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013