He has a general store business in the Philippines, and also earns additional income from a cafeteria. Felipe is borrowing PHP 15,000 through Negros Women for Tomorrow Foundation, Inc. (NWTF) to purchase items to sell in his general store, like canned goods, soap, sugar, milk, and eggs.
Felipe has been sustaining his business activities through the past 13 loans from NWTF. He hopes that his hard work will help attain his dream to save enough money, so he could afford to send his children to college.
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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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