A loan of $425 helped to purchase additional inventory and for working capital.

Edna's story

Edna C.'s an entrepreneur who values her time - she says that time is gold so she does not waste any of it, if she can do something to earn money to achieve her dream faster. She is a 50-year-old widow who lives in the town of Valladolid, Negros Occidental. She has one big long-term dream and several smaller ones. Her biggest dream is to be able to renovate her house, improve her living standards and help her granddaughter afford higher education.

Her smaller, and maybe more immediate dream, is to be able to buy a tricycle (a motorcycle with a side car for passengers or goods) so that she can easily travel from town to town in pursuit of her business. Edna, or "Nanay Edna" (Mother Edna) as most people call her, has an ambulatory business selling fruits in different towns during their market day. She is so focused on her goals that she does not mind the rain or the heat of the sun if her efforts bring her one step nearer to the achievement of her dreams.

Nanay Edna joined NWTF-Project Dungganon in 2006 to increase the volume of fruits she offers for sale – in effect also increasing her income potential. She now earns an average monthly income of 10,000 pesos for her tireless efforts. She is very prompt in her payments, and follows all the rules, depositing her payment in the bank a day before the scheduled weekly NWTF-PD Center meeting. She pays directly to the bank to avoid any untoward incidents.

For her previous loan, she got 19,500 pesos which was quite a lot of capital for her, but she was able to fully pay her loan on time and within the term set. This time around, for her ninth loan cycle, she has requested the same amount, 19,500 pesos, to be used to purchase additional inventory and for working capital for her business. Income from the business will be used for house improvements.

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

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