Update on TeresitaAs the married mother of three children, Teresita works hard to support her family.
She has a business buying and selling root crops in the Philippines, and also earns additional income from farming peanuts and raising livestock. Teresita is borrowing PHP 35,000 through NWTF in order to buy a variety of root crops to sell to customers.
Teresita has been sustaining her business activities through her past 13 loans from NWTF and more recently, through Kiva. She hopes that her hard work will help her attain her dream of saving enough money to expand her business and repair her family's home.
Previous Loan DetailsAs a married mother of three children, Teresita works hard to support her family. She has a tobacco retail business in the Philippines, and also earns additional income from raising livestock and vegetable vending businesses. Teresita is borrowing PHP 30,000 through NWTF in order to buy more t... More from Teresita's previous loan »
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 FoundationNegros 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.
Concurrent and Successive Loans
1087View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 5 months (Additional Information)
- Repayment Schedule
- Aug 26, 2014
- Aug 31, 2014
- Currency Exchange Loss:
- Dec 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.