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Modelia
Modelia is a hardworking entrepreneur who has a blacksmith business in the Philippines.

She is borrowing 25,000 Phillipine pesos through NWTF to buy materials such as iron, sacks of charcoal and wood for her blacksmith business.

Modelia has been in this business for 7 years. Modelia earns additional income from a general store.

Modelia has been sustaining her business activities through her own efforts with the help of the loans from NWTF. She dreams to save enough to provide a secure future for her family.

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
  • 423
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Modelia to buy materials like iron, sacks of charcoal and wood for her blacksmith business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014