Update on MitchelleAs a married parent of three children, Mitchelle works hard to support her family.
She buys and sells fish in the Philippines to earn a living. She earns additional income from a general store.
Mitchelle is seeking to borrow a loan in the amount of 20,000 PHP through NWTF to purchase additional boxes of fish to sell for her business. She explains that she successfully paid back her two previous loans and is now requesting the additional loan to build her business. Mitchelle has been sustaining her business activities through 16 prior loans from NWTF. She hopes that her hard work will help her attain her dream of saving enough money to continue to expand her business.
Previous Loan DetailsAs a married mother of three children, Mitchelle works hard to support her family. She has a general store business in the Philippines and earns additional income from buying and selling rice. Mitchelle is borrowing PHP 26000 through NWTF to buy more grocery items like canned goods, spices, eg... More from Mitchelle'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