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Marlene
Marlene is 53 years old and married, with seven children.

Marlene works hard to provide for her family. She runs a general store in the Philippines and she requested a PHP 28,000 loan through Negros Women for Tomorrow Foundation, Inc. (NWTF) to purchase additional items to sell, like sugar, soap, shampoo, canned goods, milk, and eggs.

Marlene has borrowed and paid 19 loans from NWTF before this loan. She has been running the general store for ten years and she also earns an income from farming, buy-and-sell vegetables, and raising livestock. Marlene aspires to save money to expand her business.

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 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
  • 1650
    View loans »
    Philippines Loans Fundraising
  • $59,025,175
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Marlene to purchase additional items to sell, like sugar, soap, shampoo, canned goods, milk, and eggs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014