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Marlyn
Marlyn is 42 years old and married, with one child.

Marlyn works hard to provide for her family. She runs a buy-and-sell charcoal business in the Philippines and she has requested a PHP 29,500 loan through Negros Women for Tomorrow Foundation, Inc. (NWTF) to buy additional sacks of charcoal to sell.

Marlyn has borrowed and paid 24 loans from NWTF before this loan. She has been running the buy-and-sell charcoal business for eight years and also earns an income from raising pigs.

Marlyn 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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Marlyn to buy additional sacks of charcoal to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014