A loan of $275 helped additional capital for her businesses.

Tessie's story

Tessie M. lives in the village of Nabantu-an 1, Brgy Balintawak, Escalante City Negros Occidental. She is 48 years old, and married to Roberto M. who works as a laborer in the Ceres bus terminal. They have 3 children who are between 5 and 19 years old. Tessie has accepted the reality that her husband’s income is just too small to sustain their family's growing needs. This is why she explored ways to help her husband by earning on her own, because she also dreamed that her children would be able to finish their college education, have gainful work and live a more comfortable life.

It was quite providential that a friend invited her to join NWTF-Project Dungganon, and with her husband's consent, she became a member in 1997 and she used her loans to start a general store. The business turned out to be a good investment for it had an immediate impact by lightening the burden of the household expenses from her husband's shoulders. When a new opportunity arose to buy and sell scrap materials (old metals, plastic, bottles, etc.), she jumped at the chance and it improved her business income even further. Now her business earns an average net income of PHP 2,400 per month.

In her previous loan, she borrowed the amount of PHP 12,000, which she used as additional working capital for her general store and scrap business. The loan was fully paid on time, maintaining her standing as a good member. Now she is borrowing for her 12th cycle loan the same amount of PHP 12,000 to be used as additional capital for her businesses. She plans to use the income from this venture for house repairs and as a start-up capital for a new business which she is presently exploring.

About NWTF:
In a world full of challenges, Negros Women for Tomorrow Foundation (NWTF), is making a difference in the lives of thousands of women through Project Dungganon (a Hiligaynon word that means Honorable). Through the alleviation program, NWTF is empowering these women to progress out of earning less than $1 a day to achieving realities that surpass even their dreams. They have taken a life path that will ultimately make them Dungganon - a title of esteem that is bestowed to a member of a community who has earned respect through a lifetime of hard and honest work.

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