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Update on Chona

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

Chona requested a PHP 25,000 loan through NWTF to buy items to sell like shampoo, spices, egg, sugar, soap, noodles, etc..

Chona has been in this business for 10 years now, and also earns additional income from raising livestock.

Chona successfully paid back her previous loan and is now requesting a new loan to further build her general store and raising livestock businesses.

In the future, Chona would like to save money to expand her business.

Previous Loan Details

Chona is 53 years old and married with four children. Chona works hard to provide for her family. She runs a general store in the Philippines and has requested a PHP 29,000 loan through NWTF to purchase additional stock to sell in her store. Chona has borrowed and paid 17 loans from NWTF be... More from Chona'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
  • 483
    View loans »
    Philippines Loans Fundraising
  • $69,648,700
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Chona to buy items to sell like shampoo, spices, egg, sugar, soap and noodles.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 5, 2013
Mar 19, 2013
Currency Exchange Loss:
Sep 17, 2013