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Cecilia
Cecilia is a married woman with seven children. She is a very hard working entrepreneur. Cecilia is 50 years old and has four children who are currently in school.

Cecilia has a business selling used clothing in the Philippines. Cecilia requested a PHP 30,000 loan amount through NWTF to buy additional bundles of used clothing to sell.

Cecilia has been in this business for 5 years. In the future Cecilia would like to save enough money so she can afford to send her children to college.

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

  • $1175
    Average annual income
  • 1288
    View loans »
    Philippines Loans Fundraising
  • $56,442,200
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Cecilia to buy additional bundles of used clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 24, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2015