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Merly
Merly is 38 years old and married. She has seven children. She works hard to provide for her family. She runs a general store in the Philippines. She has been running the general store for 23 years, and she also earns income by selling native Filipino products.

She has requested a PHP 15,000 loan through NWTF. She will use the loan to buy additional items to resell, like sugar, eggs, vinegar, and other groceries. Merly has borrowed and repaid eight loans from NWTF, before this loan. She aspires to save enough money so she could afford to send her children to college in the future.

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
  • 1341
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Merly to buy additional items to resell, like sugar, eggs, vinegar, and other groceries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013