Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description:
Founded in 1984, the Negros Women for Tomorrow Foundation, Inc. (NWTF) began as a non-governmental organization aiming to help women achieve self-sufficiency, particularly among low-income communities in the province of Negros Occidental. While their headquarters are still located in Negros, they have expanded to reach 152 branches in the islands of Negros, Cebu, Bohol, Panay, Samar, Leyte, Palawan and the Southern Luzon Provinces of Batangas and Laguna. NWTF’s goal is to increase women’s awareness of their economic potential, their skills and productivity and to improve their quality of life.

In 2013, NWTF was recognized as one of the first “Milestone MFIs” to have undergone a Truelift Assessment. A Truelift Achiever is an organization that meets three of the Pro-Poor Principles in the areas of outreach, adapted services and the tracking of client progress. As an Achiever, the organization shares best practices and knowledge in the poverty-focused Microfinance Community of Practice.

A unique lending approach:
In 1989, NWTF accepted the challenge of replicating the Grameen Bank’s credit methodology through initiatives like Project Dungganon (Honorable) and Project Kasanag (Light that Offers Hope), which provide operating capital to start or expand clients’ businesses. This credit assistance is designed to help urban micro-entrepreneurs engaged in manufacturing, trading, buying and selling, services and shop keeping, enabling them to improve their quality of life and participate in the economic progress of the community.

Project Dungganon aims to help marginalized women from rural and urban communities achieve self-reliance and rise above the challenge of poverty by providing them with the training and the credit to start or maintain their own small business ventures.

Project Kasanag targets rural and urban microentrepreneurs providing individual loans meant to help them acquire the capital and assets to maintain their businesses.

Realizing that those who are able to scale up and expand their business activities need different loan products and services than those who live below the poverty line, NWTF developed a graduating program. This is a transition phase where individuals who want to expand their existing business are assessed by how they are able to manage their cash flow. In this phase they learn to be more independent and prepare to join the mainstream banking sector.

NWTF has broadened its services to include hospital income benefits, life insurance, accidental death benefits and more. Additionally, in 2004, NWTF launched its scholarship program, extending grants to qualified dependents of its clients. NWTF also introduced a micro-crop loan to address the needs of agrarian reform beneficiaries, giving them the opportunity to cultivate and retain ownership of their own land.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 10, 2009 Oct 12, 2005
Total Loans $68,671,750 $1,343,643,850
Amount of raised Inactive loans $0 $1,304,875
Number of raised Inactive loans 0 1,581
Amount of Paying Back Loans $7,522,825 $148,245,375
Number of Paying Back Loans 28,356 195,977
Amount of Ended Loans $61,148,925 $1,194,093,600
Number of Ended Loans 186,345 1,538,238
Delinquency Rate 5.65% 10.13%
Amount in Arrears $245,453 $9,484,998
Outstanding Portfolio $3,367,711 $93,613,237
Number of Loans Delinquent 16,435 57,332
Default Rate 0.02% 1.78%
Amount of Ended Loans Defaulted $12,105 $21,258,496
Number of Ended Loans Defaulted 86 51,587
Currency Exchange Loss Rate 0.01% 0.39%
Amount of Currency Exchange Loss $5,457 $5,195,261
Refund Rate 0.05% 0.60%
Amount of Refunded Loans $37,300 $8,038,950
Number of Refunded Loans 87 8,002

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 99.75% 76.43%
Average Loan Size $314 $394
Average Individual Loan Size $317 $609
Average Group Loan Size $2,529 $1,762
Average number of borrowers per group 16.7 7.7
Average GDP per capita (PPP) in local country $7,000 $5,771
Average Loan Size / GDP per capita (PPP) 4.48% 6.82%
Average Time to Fund a Loan 3.67 days 7.13 days
Average Dollars Raised Per Day Per Loan $85.56 $55.26
  Average Loan Term 8.06 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 70,337 797,940
  Journaling Rate 34.96% 43.14%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.01 0.80

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 46% PY 46.00% PY 25.25% PY
  Profitability (return on assets) 9.72% 4.8% -1.28%
  Average Loan Size (% of per capita income) 5.70% 8.00% 13.01%

Country Fast Facts

Field Partner Staff

Presy Alba
Jaypee Allawan
Syrel Aplaon
Lorenzo Belenario
Androw Bernardez
Venus Biaten
Ma. Cristine Canete
Andy Coscolluela
Jesus de los Reyes
Pachito Genovia
Sheena Gregas
Joseph Guillergan
Mela Joy Macabuyag
Raymond Patrick Serios
Ma Fe Sison
Kristine Soligo
Reymund Vasquez