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Marcelina
Marcelina is 61 years old, married and the mother of seven children. She works hard to provide for her family by running a general store in the Philippines and is requesting a loan for PHP 15,000 from NWTF to buy additional items to sell such as eggs, spices, sugar, coffee, milk, soft drinks, chips, etc. Marcelina has borrowed and repaid three prior loans from NWTF, and has been running her general store for 13 years. She supplements her income by fishing, and hopes to earn and save enough 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 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.

Tags

About Philippines

  • $1175
    Average annual income
  • 400
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Marcelina to buy more food to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014