Rosalina's house was destroyed by Super Typhoon Haiyan, which swept through the Philippines on November 8, 2013. She has restarted her native basket-making business and is committed to regaining what she lost. Rosalina is taking out a 9,500 PHP housing loan through NWTF to purchase building materials and pay for construction labor to build a house for her family.
Rosalina has been with NWTF since 2013 in her pursuit of rising out of poverty. With your help, she will be able to start once more in a new home. In the future, Rosalina would like to save enough money to send her children to college.
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. These loans will be directed to borrowers living in affected areas and help them to rebuild and recover.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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This loan has been fully funded!