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Erlida
Erlida is 58 years old and married with six children. She works very hard to provide for them. Erlida runs a general store in the Philippines and requested a 12,000 PHP loan through NWTF to purchase additional stock to sell like soap, milk, chips, eggs, bread, etc. She has been in this business for 19 years. Erlida would like to save enough to provide a secure future for her family.

Additional Information

More information about this loan

This loan is designed for borrowers living in an underserved region of the Philippines, where the poverty rate is high and microfinance services are scarce. Kiva loans help NWTF expand its presence in the area, where it also offers workshops for clients on idea generation and training in technical, business and marketing skills.

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
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,304,600
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Erlida to purchase additional stock to sell like soap, milk, chips, eggs, bread, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014