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Magdalena is 54 years old and married with three children, one of whom is in school. She is a very hardworking entrepreneur who runs a dry-goods business in the Philippines. Magdalena is requesting a loan for PHP 20,000 from NWTF to buy more items like pants, blouses, bags, slippers and ready-to-wear items to sell. She has been in this business for 15 years and would like 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.


About Philippines

  • $7,000
    Average annual income
  • 1874
    View loans »
    Philippines Loans Fundraising
  • $61,001,400
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Magdalena to buy more items to sell, including pants, blouses, bags, slippers and ready-to-wear items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 16, 2013
Nov 1, 2013
Currency Exchange Loss:
May 17, 2014