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Rosario
Rosario is 50 years old and married. She works very hard to provide for her five children, one of whom is still in school.

Rosario runs a weaving bamboo business in the Philippines and has requested a PHP 18000 loan through NWTF to purchase more materials for her business. Rosario has been in this business for 8 years and sells a variety of retail items.

In the future Rosario would like to 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.

About Philippines

  • $1175
    Average annual income
  • 247
    View loans »
    Philippines Loans Fundraising
  • $53,098,375
    Funds lent in using Kiva
  • 44.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosario to purchase more materials for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2013
Listed
Dec 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014