Even if they don't have a big family to support, Rebecca continues working hard for her business because she wants to improve their living conditions and move their family out of poverty. She had always dreamed of improving their life which is why she joined NWTF-Project Dungganon in 1997 because she wanted to start a general store, which she set up adjacent to her house.
The loans from NWTF-PD allowed her to expand her business faster than if she had no external source of capital. When her business had sufficiently improved, she diversified to other money-making ventures like a backyard pig-fattening project and a bakery.
Of all her businesses, the bakery gives Rebecca the most satisfaction because it enables her to help other people by providing employment opportunities to people in their community.
Her three business activities now earn a monthly income of 38,000 PHP and provide a comfortable living for their family of three.
In her previous loan, Rebecca borrowed 29,000 PHP which she used as additional capital for her general store, bakery and pig-fattening ventures. Having paid that loan in full, Rebecca now wants to borrow for her 15th loan cycle the same amount of 29,000 PHP to continue sustaining the operations of her bakery and the inventory levels of her general store.
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 the 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 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