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Nena
She's a 69 year-old widow who continues to earn her own living because she wants to stay independent and also continue to help her children establish their own lives.

Nena G. has been a widow since 2006 and lives in the village of Barangay Palaka, Pulupandan, Negros Occidental. Her husband's death was a great loss to the family and since all of her seven children are grown up with their own families, Nena wanted to remain independent and be able to earn a living so that she could provide for her old age.

Years ago Nena put up her general store to help her husband to raise income of the family to support its needs, especially as they had seven children. She said when she started her business, she found it quite hard to look after the needs of her children and at the same time handle the business, but she coped with all the hardships with much determination.

Because of Nena’s hard work, her business grew, and she joined NWTF Project Dungganon (NWTF-PD) in 1998 so that she could access more capital for her business. With new capital infusion, she expanded her product offerings to include guinamos (shrimp paste) which is a popular flavoring and dish in the Philippines. She also traveled to other towns to sell her shrimp paste. Her guinamos was so popular that she now has regular customers, some from other towns, who prefer to buy their shrimp paste exclusively from her.

Now, Nena earns a monthly income of PHP 18,000 and she saves most of this for her future security and for emergencies. She sometimes uses some of it to help out her children.

Nena’s previous loan of Php 15,000 was used in her business as additional capital and it was repaid within her loan term in full and on-time, maintaining her good standing as an NWTF-PD member. Now she is borrowing Php 20,000 for her 15th loan to be utilized for her general store and her guinamos business.


About NWTF:
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.

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 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.

About Philippines

  • $1175
    Average annual income
  • 1130
    View loans »
    Philippines Loans Fundraising
  • $54,578,425
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Nena to use as additional capital for her general store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010