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Zosima
Zosima is a hardworking entrepreneur who has an abaca weaving business in the Philippines. She is borrowing PHP 14,000 through NWTF to buy more raw materials, like abaca fiber, etc., for her business. Zosima has been in this business for 41 years. Zosima earns additional income from food vending.

Zosima has been sustaining her business activities through her own efforts with the help of the loans from NWTF. She dreams to build and expand her business to secure the future of her family.

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
  • 1648
    View loans »
    Philippines Loans Fundraising
  • $59,025,175
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Zosima to buy more raw materials, like abaca fiber, etc,. for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
May 13, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015