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Going into business for one's self is not an easy occupation - there is no safety net and no one to run to when things go wrong or when problems arise. This is what Mrs. Remedios J., a 52-year-old married woman from Central Tabao, Zone 4, Valladolid, Negros Occidental realized when she started her fish-vending and seafood processing business. But with five children to raise and educate, she knew that it was the only way if she wanted to provide them with a good education and a good future.

Before Mrs. J. joined NWTF-Project Dungganon, her need for additional capital for her business pushed her to deal with the moneylenders and their exorbitant interest rates. This situation piled more problems on her business because the high interest rate demanded by the moneylenders added more burden to the business. This is the reason why she is very thankful that she joined NWTF-Project Dungganon. And because she values the service that NWTF-Project Dungganon is providing her, she makes sure that she pays back her loans on time.

After Mrs. J. joined NWTF-Project Dungganon, with the easy-payment scheme, she was able to sustain her business. With the help of the loans she borrowed over the years, most of the difficulties in her business were ironed out - even the problem of transporting the products to the market. Where, before, she had to pay a high price to rent a truck to make her deliveries, now she has her own truck and this is no longer a problem. She has also acquired a tricycle - a motorcycle with a sidecar for passengers - which adds to her daily cash flow.

Mrs. J. is very grateful that her efforts are now starting to pay off, and three of her children are slowly settling into their own lives, after graduating from college. She is now about to use her 24th loan amounting to PHP 29,500 as additional capital for her seafood processing business, making "tinabal" (fish or shellfish in vinegar), "guinamos" (shrimp paste), and dried fish and for her food-vending business.

About NWTF:
In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the call of not just a few, but thousands of women. Through the alleviation program, these women have progressed from earning less than a measly $1 a day, to surpassing realities beyond their dreams. They have learned to live a life where they can finally be called honorable. This is Project Dungganon.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More 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
  • 1670
    View loans »
    Philippines Loans Fundraising
  • $59,006,400
    Funds lent in using Kiva
  • 48.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Remedios to invest in expanding her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Aug 6, 2009
Sep 6, 2009
Currency Exchange Loss:
Dec 15, 2009