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Milagros
Milagros is 56 years old and widowed with eight children.

She works hard to provide for her family. She runs a business of making nipa roofing in the Philippines. She requested a PHP 14,000 loan through NWTF to purchase nipa leaves, bamboo, etc. for her business.

Milagros has borrowed and repaid 14 loans from NWTF before this loan. She has been running the business of making nipa roofing for 34 years and also earns an income from farming rice.

Milagros aspires to save 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
  • 248
    View loans »
    Philippines Loans Fundraising
  • $50,673,625
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Milagros to purchase nipa leaves, bamboo, etc. for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2014
Listed
Jul 7, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2015