When her husband was earning a salary as a baker, Aylen stringently allocated the income on their household's needs. But she realized that as her children grew, their expenses would also increase and soon her husband's income would not be sufficient.
This encouraged her to join NWTF-Project Dungganon in 2001. She used the new capital to start a food vending business, selling food within her community and in the neighboring villages. She also put up a "sari-sari" or general store to ensure that she would have a regular daily income. The business performance was so good that the couple decided it would be more lucrative for her husband to manage their general store than earn a monthly salary as a baker.
As their business experience widened, they also took on new opportunities like selling vegetables. Now they earn a monthly income of 15,000 PHP, which is quite enough for the current needs of their family including the education of the children.
Aylen used her previous loan of 21,000 PHP as additional capital for her businesses. Now Aylen will use her 18th cycle loan of 22,000 PHP as working capital for her general store. Income from it will be used for house improvements.
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