Update on MargieMargie is a hard-working entrepreneur who has a food-vending business in the Philippines.
She is borrowing PHP 15,000 through Negros Women for Tomorrow Foundation, Inc. (NWTF) to buy ingredients for her food production business.
Margie successfully paid back her previous loan to further improve her food stall business.
NWTF is re-listing Margie's business profile again in support of her efforts to secure the future of her family.
Previous Loan DetailsMargie works hard to support her family. She is married and has a food stall business in the Philippines. Margie requested a PHP 15000 loan through NWTF to buy more ingredients and sea-foods to sell in her food stall. She has been in this business for 12 years. In the future, Margie woul... More from Margie's previous loan »
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.
Concurrent and Successive Loans
1290View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 13 months (Additional Information)
- Repayment Schedule
- Apr 15, 2013
- Apr 30, 2013
- Currency Exchange Loss:
- Apr 16, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.