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Update on Leonora

Leonora works hard to support her family. Leonora is widowed and has a general store business in the Philippines.

Leonora requested a PHP 20,000 loan through NWTF to buy additional inventory items to sell in her general store.

Leonora has been in this business for 16 years now, and also earns additional income from buying and selling rice and corn.

In the future, Leonora would like to build and expand her business to secure the financial stability of her family. This is her third loan facilitated through Kiva.

Previous Loan Details

Leonora is 58 years old and widowed. She works hard to provide for her family. Leonora runs a sari-sari store in the Philippines and has requested a loan of 19,500 PHP through Kiva partner NWTF to purchase more stock to sell in her sari-sari store. Leonora has borrowed and paid back 18 loans f... More from Leonora'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
  • 316
    View loans »
    Philippines Loans Fundraising
  • $70,580,225
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Leonora to buy additional inventory to sell in her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Oct 22, 2012
Currency Exchange Loss:
May 17, 2013