Update on JoeselaAs a married mother of six children, Joesela works hard to support her family.
She has a business making and selling vinegar in the Philippines, and also earns additional income from a general store. Joesela is borrowing PHP 16,000 through NWTF to buy additional containers for the storage of her vinegar.
Joesela has been sustaining her business activities through her past 18 loans from NWTF and more recently, through Kiva. She hopes that her hard work will help her attain her dream to save money to expand her business.
Previous Loan DetailsJoesela works hard to support her family. She is married and has a business making and selling coconut vinegar in the Philippines. Joesela requested a 15,000 PHP loan through NWTF to buy more gallon containers for her coconut vinegar. She has been in this business for 10 years. In the futur... More from Joesela's previous loan »
About Negros Women for Tomorrow FoundationNegros 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.
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Success!! The loan was 100% repaid