Update on LettyLetty is 60 years old and single. She has a food vending business in the Philippines, and also earns additional income from selling vegetables. Letty is borrowing PHP 17000 through NWTF to buy ingredients for her food vending business. She successfully paid back her previous loan and now she is requesting an additional loan to further build her business. Letty has been sustaining her business activities through her 26 past loans from NWTF. She hopes that her hard work will help her attain her dream, which is to save enough to provide a secure future for her family.
Previous Loan DetailsLetty is 59 years old, is married and works hard to support her family. She has a food vending business in the Philippines, and also earns additional income selling pre-paid mobile phone credits. Letty is borrowing 17,000 PHP through NWTF to buy ingredients like sugar, milk, and flour for h... More from Letty'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.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
441View loans »
Success!! The loan was 100% repaid