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Update on Virginia

Virginia is a hardworking entrepreneur, who has a fishing business in the Philippines. She has been in this business for six years. She earns more income from raising livestock and selling bananas.

She is borrowing PHP 30,000 through NWTF. She will use the loan to purchase spare parts for the maintenance of her pump boat. She successfully paid back her previous loan and is now requesting a new loan, to further build her business.

Virginia has been sustaining her business activities through her own efforts, with the help of loans from NWTF. She dreams of saving enough money so she could afford to send her children to school, in the future.

Previous Loan Details

Virginia is 37 years old and married with 6 children. She earns a living by raising pigs in the Philippines. Virginia has been raising pigs for 5 years and also earns additional income from selling bananas. Virginia is borrowing PHP 10,000 through NWTF to buy medicines and vaccines for her ... More from Virginia's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 1808
    View loans »
    Philippines Loans Fundraising
  • $60,919,225
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Virginia to purchase spare parts for the maintenance of her pump boat.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Mar 13, 2013
Apr 14, 2013
Currency Exchange Loss:
Mar 17, 2014