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Margarita
Margarita is 58 years old and widowed with six children. Margarita works hard to provide for her family. She runs a general store in the Philippines and requested a loan of PHP 14,000 through NWTF in order to purchase more stocks to sell.

Margarita has borrowed and repaid seven loans from NWTF before this loan. She has been running the general store for three years and also earns an income from vegetable vending.

Margarita aspires to build and expand 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
  • 979
    View loans »
    Philippines Loans Fundraising
  • $53,539,675
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Margarita to purchase more stocks to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 4, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014