She is borrowing PHP 19,500 through NWTF to purchase additional fish for her business. Milagros has been in this business for nine years. Milagros earns additional income by farming rice and coconut, and selling dried coconut meat.
Milagros has been sustaining her business activities through her own efforts, with the help of the loans from NWTF. She dreams of saving money to expand her business in the future.
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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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