Lourdes is in the agricultural business of seaweed culture in the Philippines. Lourdes requested a PHP 20,000 loan through NWTF to purchase seaweed and materials for the culture of seaweed (bamboo, nylon etc).
Lourdes has been in this business for 15 years. Lourdes also earns additional income from buying and selling sea cucumber.
In the future, Lourdes would like to own a fishing boat.
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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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