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Razel
Razel is 19 years old, married with one kid. She is a very hardworking entrepreneur.

Razel has an E-Loading (mobile prepaid load) business in the Philippines. She requested a PHP 7,000 loan amount through NWTF in order to purchase more stock of prepaid load to offer for resale.

Razel has been in this business for one year. In the future, she 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
  • 372
    View loans »
    Philippines Loans Fundraising
  • $50,935,875
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Razel to purchase more stock of prepaid load to offer for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014