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Marilou
Marilou N. is a married woman who lives in Bgry. Daan Banwa, Kabankalan City, Negros Occidental. She earns her living by operating two business ventures: a canteen and a peanut-butter business. Her husband, Rolando N., who is 34 years old, works as a government employee to earn his living. They have two children who are 6 and 9 years old and are currently going to school.

Marilou joined NWTF-Project Dungganon in 2005 because she aspired after something better for her family. With the help of her past eleven loans from NWTF-Project Dungganon, Marilou has been incrementally lifting her family out of poverty by the sweat of her brow. Her previous loan of PHP 22,000 helped her earn a monthly profit of PHP 10,000, thus uplifting the family's standard of living. This time, for her twelfth loan cycle, she is borrowing PHP 25,000, which she intends to use as additional capital for her peanut-butter business so that she can continue to save up for the future education of her children. Marilou N. is a Dungganon woman who is following an honorable path towards 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 upon a community member 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

  • $1175
    Average annual income
  • 204
    View loans »
    Philippines Loans Fundraising
  • $50,652,325
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Marilou to purchase raw materials.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2010
Listed
Nov 8, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011