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Teresita
Teresita is a married mother of three children. She is a very hard-working entrepreneur. She is 47 years old and one of her children is in school.

Teresita has a native mats making business in the Philippines. She has been in this business for 10 years. Teresita has requested a PHP 11,000 loan through the Negros Women for Tomorrow Foundation, Inc. to purchase additional materials for making mats. In the future, she would like to save enough money that she can afford to send her 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 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
  • 1443
    View loans »
    Philippines Loans Fundraising
  • $59,139,875
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Teresita to purchase additional materials for making mats.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
May 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014