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Cornelia
Cornelia O. is a widow who lives in Prk. Trece, Brgy. Tiniguiban, Puerto Princesa, Palawan. She earns her living by operating three business ventures: she runs a restaurant, rents out commercial space and is an authorized purified water distributor. She has three adult children. Cornelia joined NWTF-Project Dungganon in 2006 because she aspired to something better for her family.

With the help of her past 11 loans from NWTF-Project Dungganon, Cornelia has been incrementally lifting her family out of poverty by the sweat of her brow. Her previous loan of PHP 25,000 helped her raise her family's standard of living. This time, for her 12th cycle loan, she is borrowing PHP 29,500, which she intends to use to expand and improve her restaurant so that she can continue to save up in order to buy a motorcycle for business use. Cornelia is a Dungganon woman who is following an honorable path toward the achievement of her dreams.

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 from 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 on a member of a community who has earned respect through a lifetime of hard and honest work.

Help NWTF continue its mission to help the poorest in the Philippines by clicking the link to the NWTF Kiva lending team on Kiva.org to join our team.

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

  • $7,000
    Average annual income
  • 1241
    View loans »
    Philippines Loans Fundraising
  • $57,812,500
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Cornelia to provide additional working capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Oct 11, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011