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Milagros
Milagros is 54 years old and married with one child. She works very hard to provide for them.

Milagros runs a general store in the Philippines and requested a 25,000 PHP (Philippine Pesos) loan through NWTF (Negros Women for Tomorrow Foundation, Inc.) to buy additional stocks, like bread, sugar, noodles, canned goods, detergent soap, biscuits, etc. to sell.

Milagros has been in this business for 15 years and sells a variety of items such as bread, sugar, noodles, canned goods, detergent soap, biscuits, etc. She would like 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 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

  • $7,000
    Average annual income
  • 1236
    View loans »
    Philippines Loans Fundraising
  • $57,784,900
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Milagros to buy additional stocks, like bread, sugar, noodles, canned goods, detergent soap, biscuits, etc. to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 19, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2015