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Arsenia
Arsenia is a hardworking entrepreneur who has a fishing business in the Philippines. She has been in this business for 30 years and she earns additional income from pig fattening.

Arsenia is borrowing PHP 22,000 through NWTF to buy a new engine for her fishing boat. She has been sustaining her business activities through her own efforts and with the help of the loans from NWTF. Arsenia dreams of saving enough money to expand her business and repair her family home in the future.

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
  • 1161
    View loans »
    Philippines Loans Fundraising
  • $54,653,725
    Funds lent in using Kiva
  • 44.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Arsenia to buy a new engine for her fishing boat.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2014
Listed
Apr 11, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2015