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Update on Nida

Nida is 56 years old and married with seven children, one of whom is in school. She is a very hardworking entrepreneur.

Nida has a pottery business in the Philippines. She requested a PHP 17,000 loan amount through NWTF in order to buy raw materials for her pottery business.

Nida has been in this business for 30 years. In the future, she would like to save enough money to expand her business.

Previous Loan Details

Nida works hard to support seven children. She is married and has a pottery business in the Philippines. Nida requested a PHP 4,600 loan through NWTF in order to buy a solar lamp. She is getting the solar lamp because she wants to have backup light in case of brownouts. Nida is aware tha... More from Nida's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 1101
    View loans »
    Philippines Loans Fundraising
  • $63,502,950
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Nida to buy raw materials for her pottery business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Sep 13, 2013
Oct 13, 2013
Currency Exchange Loss:
Jul 17, 2014