Margarita works hard to provide for her family. She runs a retail charcoal business in the Philippines and has requested a PHP 8,000 loan through Negros Women for Tomorrow Foundation, Inc. (NWTF) to purchase additional sacks of charcoal to sell.
Margarita has borrowed and paid one loan from NWTF before this loan. She has been running the retail charcoal business for three years and she also earns an income from raising pigs.
Margarita aspires to save money to expand her business.
More information about this loan
This loan is designed for borrowers living in an underserved region of the Philippines, where the poverty rate is high and microfinance services are scarce. Kiva loans help NWTF expand its presence in the area, where it also offers workshops for clients on idea generation and training in technical, business and marketing skills.
About Negros Women for Tomorrow FoundationNegros Women for Tomorrow Foundation, Inc. (NWTF) is a non-governmental organization established with an aim to help men and 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 low-income urban and rural communities.
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Success!! The loan was 100% repaid