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Romulo Jr.
Romulo is a hardworking entrepreneur who has a motorcycle transport business in the Philippines. He has been in this business for 25 years. He earns more income from farming sugarcane and fishing.

He has been sustaining his business activities through his own efforts with the help of loans from NWTF. He is borrowing PHP 45,000 through NWTF to purchase spare parts for his motorcycle transport business.

Romulo dreams of saving enough money to expand his business in the future.

Additional 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 men and 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 low-income urban and rural communities.

About Philippines

  • $7,000
    Average annual income
  • 353
    View loans »
    Philippines Loans Fundraising
  • $70,667,525
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Romulo Jr. to purchase materials for motorcycle maintenance.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2011
Listed
Oct 14, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012