Update on Glory StellaGlory Stella is a married woman with one child. She is a very hard working entrepreneur. She is 44 years old and has one child who is in school.
Glory Stella has a pig raising business in the Philippines. Glory Stella requested a PHP 29000 loan amount through NWTF to purchase feeds, vitamins and other supplies for her pigs.
She successfully paid back her previous loan and is now requesting a new loan to further build her business.
Glory Stella has been in this business for 12 years. In the future, Glory Stella would like to save enough money to expand her business.
Previous Loan DetailsGlory Stella is 43 years old, married, and has one child who is in school. Glory Stella is in the agricultural business of pig fattening in the Philippines. She requested a PHP 29,000 loan through NWTF to buy feeds and vitamins for her pigs. She has been in the pig fattening business for 13 ye... More from Glory Stella'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