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Gracieta
Gracieta is a hardworking entrepreneur who has a restaurant business in the Philippines.

She is borrowing PHP 20,000 through NWTF to buy additional ingredients, such as meat, fish, vegetables, spices, etc., for her restaurant business.

Gracieta has been in this business for 10 years and earns more income from raising pigs.

Gracieta has been sustaining her business activities through her own efforts with the help of the loans from NWTF. She dreams to save enough to build a house for the family in the future.

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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1478
    View loans »
    Philippines Loans Fundraising
  • $59,409,725
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Gracieta to buy additional ingredients, such as meat, fish, vegetables, spices, etc. for her restaurant.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014