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Ma. Teresa
Ma. Teresa M. lives in the village of Brgy Vito, Sagay, Negros Occidental. She is 46 years old, and married to Renato M. who is a fisherman and the father of her two children. The children are 10 and 12 years old, and both are attending school. Teresa dreams of uplifting their living and being able to send their two children to school and get a college degree so that they will have better opportunities for a more comfortable life.

From the time she got married, Teresa was the one who sold his catch to members of their community and sometimes even in the public market. Sometimes they get lucky and the customers are the ones who approach them to buy her husband's catch of the day. Teresa and her husband own their fishing boat, but in 1997, they needed money to do some major repair to their boat. This motivated her to join NWTF-Project Dungganon so that she could access the necessary capital to fund their fishing operations. As she paid off each loan, she was able to borrow more funds to further improve their fishing business, buying new nets and other fishing gear. Now she is able to earn a net profit of PHP 10,000 per month from their fishing operations. She saves most of her profits for the education of her family, taking out only the most necessary funds to support their household expenses.

In her previous loan, she borrowed Php 19,500 that she used as additional capital or revolving working fund for her fishing business. The loan was fully paid within her loan term without any delays in any of the weekly installments. Now for her 16th cycle loan, she is borrowing the same amount of Php 19,500 to be used for the repair of her fishing boat. She intends to use the income from it for the education of her children.

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 the respect through a lifetime of hard and honest work.

Additional Information

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. 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 Foundation

Negros Women for Tomorrow Foundation, Inc. (NWTF) is a non-governmental organization established with an aim to help men and 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 low-income urban and rural communities.

About Philippines

  • $7,000
    Average annual income
  • 371
    View loans »
    Philippines Loans Fundraising
  • $65,914,600
    Funds lent in using Kiva
  • 46.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Ma. Teresa to repair their fishing boat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 16, 2009
Nov 15, 2009
Currency Exchange Loss:
May 15, 2010