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Virginia
Virginia is 53 years old and has one child in school. Virginia works very hard to provide for her family.

Virginia runs a general store in the Philippines and requested a PHP 8000 loan through NWTF to buy additional stocks of household goods like sugar, chips, canned goods, eggs and noodles.

Virginia has been in this business for one year.

In the future, Virginia would like to save money to expand her business.

Additional Information

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 Foundation

Negros 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.

About Philippines

  • $7,000
    Average annual income
  • 1430
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Virginia to buy additional stocks of household goods like sugar, chips, canned goods, eggs and noodles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2013
Listed
Aug 30, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014