A loan of $325 helped additional inventory and working capital for the borrower's General Store.

Basiliana's story

Basiliana M. is 59, married with 10 children ranging from 14 to 40 years old and a resident of Old Fabrica in La Castellana, Negros Occidental.

Raising 10 children while depending on the income that her husband could generate made life very hard of Basiliana and her family. When a friend invited her to join NWTF-Project Dungganon in 2000, she was very apprehensive because she did not want to be in debt, but she was determined to help her family, so with the agreement of her husband, she joined NWTF-Project Dungganon and with her first loan she started a small general store and to make sure that she could pay back her loan she went around her community selling specialty goods house to house. The business nets around PHP1,600.00 ($33) per month, but is able to feed her family.

She has used subsequent loans to slowly but steadily build her business. Now on her 11th loan cycle, the PHP 15,000 she is borrowing will allow her to widen the variety of goods that she could sell in her store. She continues to strive hard to provide for her family and dreams that all her children will have a more comfortable life.

About NWTF:
In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the calling of not just of a few but thousands of women. Through the alleviation program, these women have progressed from earning less than a measly $1 a day, to surpassing the realities beyond their dreams. They have learned to live a life where they can finally be called honorable. This is Project Dungganon.

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Loan details