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Allah Joy

Update on Allah Joy

Allah Joy works hard to support her family. She has a general store business in the Philippines, and also earns additional income from buying and selling charcoal. She has been sustaining her business activities through her loans from NWTF. She successfully paid back her previous loan and is now requesting a new loan to further enhance her general store and her charcoal business.

She is borrowing PHP 10,000 through NWTF to buy more stock to sell like soap, sugar, milk, coffee, canned goods, etc. in her general store business. She hopes that her hard work will help her attain her dream to expand her business to secure the future of her family.

Previous Loan Details

Allah Joy is 38 years old and single. She works hard to provide for her extended family. She runs a business buying and selling charcoal in the Philippines and requested a PHP 10,000 loan through NWTF to buy additional charcoal to sell. Allah Joy has borrowed and repaid two loans from NWTF bef... More from Allah Joy'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 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

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
  • 1060
    View loans »
    Philippines Loans Fundraising
  • $57,698,150
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Allah Joy to buy more stock to sell like soap, sugar, milk, coffee, canned goods, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 18, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013