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Ofelia
Ofelia is 49 years old and is married with six children. She runs a general store in the Philippines and requested a PHP 11,000 loan through NWTF to purchase additional stock to sell in her business, such as curls, bread, sardines and soft drinks.

Ofelia has borrowed and repaid two loans from NWTF before this loan. She has been running the general store for five years and also earns an income from farming sugarcane and rice.

Ofelia works hard to provide for her family, and she aspires to save enough to buy more farmland.

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
  • 536
    View loans »
    Philippines Loans Fundraising
  • $69,906,675
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Ofelia to purchase additional stock to sell in her business, such as curls, bread, sardines and soft drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013