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Loreta
Loreta is 56 years old and married with five children. Loreta works hard to provide for her family. She runs a general store in the Philippines. She has been running the general store for ten years and also earns an income from gasoline retailing.

Loreta requested a 23,000 Philippine peso loan through NWTF to purchase more items like shampoo, soap, sugar and other groceries. She has borrowed and repaid 19 loans from NWTF before this loan. Loreta hopes to save enough money to expand her business and repair her family home.

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.

About Philippines

  • $1175
    Average annual income
  • 282
    View loans »
    Philippines Loans Fundraising
  • $52,839,500
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Loreta to purchase more items like shampoo, soap, sugar and other groceries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 18, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014