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Richelle Ann
Richelle Ann works hard to support her family. Richelle Ann is married and has a motorcycle transport business in the Philippines.

She requested a PHP 9,500 loan through NWTF to buy a new side car and other spare parts for the maintenance of her motorcycle.

Richelle Ann has been in this business for one year now.

In the future, Richelle Ann would like to save enough money so she could 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

  • $7,000
    Average annual income
  • 1061
    View loans »
    Philippines Loans Fundraising
  • $57,661,375
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $225 helped Richelle Ann to buy a new side car and other spare parts for the maintenance of her motorcycle.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2014
Listed
Aug 20, 2014
Currency Exchange Loss:
Possible