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Update on Rufio

As a married father of three children, Rufio works hard to support his family.

He has a firewood retail business in the Philippines, and also earns additional income from raising livestock. Rufio is borrowing PHP 15000 through NWTF to purchase more stocks of firewoods to sell.

Rufio has been sustaining his business activities through the past 13 loans from NWTF and more recently, through Kiva. He hopes that his hard work will help him attain his dream which is to save enough to provide a secure future for his family.

Previous Loan Details

Rufio is a married man who lives in Bago, Negros Occidental. He earns his living by operating three business ventures: pig-fattening, meat-vending and farming. His wife Edna, who is 51 years old, works as a teacher to earn her living and helps in her husband's business activities. They have three... More from Rufio's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 339
    View loans »
    Philippines Loans Fundraising
  • $70,740,900
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rufio to purchase more stocks of firewood to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Aug 29, 2012
Sep 25, 2012
Currency Exchange Loss:
Apr 17, 2013