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Arcely
As a widowed parent of three children, Arcely works hard to support her family. She has a general store in the Philippines, and she also earns additional income from renting rooms in a boarding house. Arcely is borrowing PHP 29,500 through NWTF to buy items to sell in her store, such as bottles of mineral water, cola drinks, bread, eggs, yoghurt and other groceries. Arcely has been maintaining her business activities with her past 22 loans from NWTF. She hopes that her hard work will help her attain her dream of building and expanding her business to secure the future of her family.

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
  • 392
    View loans »
    Philippines Loans Fundraising
  • $50,818,125
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Arcely buy additional items to sell at her store, including bottles of mineral water, cola drinks, bread, eggs, yoghurt and other groceries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014