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Mercelita
Mercelita is 32 years old and married with two children who are in school. Mercelita works very hard to provide for them.

Mercelita runs a general store in the Philippines and requested a 29,500 PHP (Philippines pesos) loan through NWTF to purchase additional stock like soft drinks, rice, sugar, etc., to sell in her general store.

Mercelita has been in this business for three years.

She would like to save enough to provide a secure future for 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.

Tags

About Philippines

  • $1175
    Average annual income
  • 889
    View loans »
    Philippines Loans Fundraising
  • $54,390,175
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mercelita to purchase additional stock like soft drinks, rice, sugar, etc., to sell in her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014