She is borrowing PHP 20,000 through NWTF to buy additional ingredients, such as meat, fish, vegetables, spices, etc., for her restaurant business.
Gracieta has been in this business for 10 years and earns more income from raising pigs.
Gracieta has been sustaining her business activities through her own efforts with the help of the loans from NWTF. She dreams to save enough to build a house for the family in the future.
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 >>
This loan is designed for borrowers living in an underserved region of the Philippines, where the poverty rate is high and microfinance services are scarce. Kiva loans help NWTF expand its presence in the area, where it also offers workshops for clients on idea generation and training in technical, business and marketing skills.
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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Success!! The loan was 100% repaid