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Maribel
Maribel is a hardworking entrepreneur who buys and sells "nipa" -- woven palm mats used for housing and construction -- in the Philippines. She is borrowing 26,000 PHP through NWTF to purchase more stocks of nipa to resell in her business.

Maribel has been in this business for six years. Maribel earns more income from buying and selling fish and crabs.

Maribel has been sustaining her business activities through her own efforts and with the help of the loans from NWTF. She dreams to save enough money so 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 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
  • 1120
    View loans »
    Philippines Loans Fundraising
  • $54,595,750
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Maribel to purchase more stocks of nipa (woven palm mats) for resale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
May 26, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013