Check out some available loans that are similar to this one!

Update on Geraldine

Geraldine is a hardworking entrepreneur who has a general store business in the Philippines.

She is borrowing PHP 30,000 through NWTF to buy additional stock to sell like sugar, milk, coffee, noodles, eggs, spices, etc. for her general store business.

Geraldine has been in this business for 11 years. She earns more income from lodging house rental and from buying and selling charcoal.

She has successfully paid back her previous loan and is now requesting a new loan to further build her general store, lodging house, and charcoal businesses.

Geraldine has been sustaining her business activities through her own efforts with the help of loans from NWTF. She dreams of saving money to expand her business in the future.

Previous Loan Details

Geraldine is 50 years old and single. Geraldine works hard to provide for her family. She runs a sari-sari (convenience) store in the Philippines and requested a loan of PHP 10,000 through NWTF to buy items like shampoo and groceries to sell in her sari-sari store. Geraldine has borrowed an... More from Geraldine'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
  • 363
    View loans »
    Philippines Loans Fundraising
  • $70,796,875
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Geraldine to buy additional stock to sell like sugar, milk, coffee, noodles, eggs, spices, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 16, 2013
Jun 5, 2013
Currency Exchange Loss:
Dec 17, 2013