Daisy joined NWTF-Project Dungganon in 1991 and testifies that it was through NWTF-Project Dungganon that she has achieved some of her dreams - to be able to send her children to school, have her own business to supplement the income that her husband earns as a farmer, and to have some savings for the future.
She started her business by selling fruits (bananas, etc.), which were delivered by a wholesaler, to their neighbors from a stand set up outside her house. Later, she expanded her product offerings, including groceries and other commodities. Additionally, she raised pigs in her backyard. Her business activities earned about PHP 8,000 per month, which was significant in helping to improve her family's quality of life.
Her previous 8th cycle loan amounting to PHP 14,000. She paid back the loan in full and on-time without any delays in any of the weekly installments. She is now borrowing PHP 16,000 for her 9th cycle loan. She plans to use the money as revolving capital to offer more products in her "sari-sari", also known as a "general store". She intends to use the profits from this loan cycle to pay for her children's tuition and to provide them with their daily allowance.
In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the calling of not just of 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 the realities beyond their dreams. They have learned to live a life where they can finally be called honorable. This is Project Dungganon.
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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 FoundationNegros Women for Tomorrow Foundation, Inc. (NWTF) is a non-governmental organization established with an aim to help 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 women in low-income urban and rural communities.
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Success!! The loan was 100% repaid