Jernet is studying to attain a Bachelor of Science in Secondary Education and is currently in the second year of this four year course.
Jernet is borrowing 6,000 PHP to pay tuition fees for the first semester of the 2014 school year.
When she graduates, Jernet plans to be gainfully employed.
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 >>
This loan is part of NWTF’s higher education program, designed to serve students who otherwise would not be able to attend college. Under the program, children of existing NWTF microfinance clients are able to take a loan to support their college education or technical/vocational training. Following graduation, the student may have better opportunities that ultimately benefit the entire family. NWTF has designed this loan product to have a lower interest rate than typical microfinance loans.
About Negros Women for Tomorrow FoundationNegros 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.
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