Just like other wives who help their husbands support their family, Purita looked for ways to add on to their capital. In 1998, she joined NWTF-Project Dungganon so that she could have access to capital so that they could buy additional fishing gear and equipment. Later, she and her husband realized that instead of selling the catch to a local vendor wholesale, they could earn more if Purita sold their catch to the community on a retail basis. This decision turned out to be a good idea as it also enabled them to develop good relationships with their regular customers. Now she earns a minimum of Php 6,000 per month from her business activities.
In her last loan she borrowed Php 19,500 as additional working capital for her fishing business. After repaying that loan she now wants to borrow the same amount of PhP 19,500 for her 10th cycle loan to be used to purchase a new fishing boat.
In a world full of challenges, Negros Women for Tomorrow Foundation (NWTF), is making a difference in the lives of thousands of women through Project Dungganon (a Hiligaynon word that means Honorable). Through the alleviation program, NWTF is empowering these women to progress out of earning less than $1 a day to achieving realities that surpass even their dreams. They have taken a life path that will ultimately make them Dungganon - a title of esteem that is bestowed to a member of a community who has earned respect through a lifetime of hard and honest work.
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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 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.
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