Alma M. is a 57-year-old woman living in Brgy. Libertad, Escalante City, Negros Occidental. She is married and has two school-aged children. To make a living, Alma owns & operates a sari sari or general store selling daily use products such as shampoo, soap, toothpaste and other basic commodities in the local community. Alma has been engaged in this business for over 15 years and earns approximately 20,000 PHP a month from these activities.
In 2005, Alma joined NWTF to gain access to financial services to help improve her living situation and ability to engage in business activities. Alma has successfully repaid a previous loan of 21,000 PHP from NWTF. Alma is now requesting a new loan of 22,000 PHP, which will be used to purchase additional products to sell. The loan will be the ninth loan taken out by Alma from NWTF. Alma plans to use the additional revenue generated from the business to pay the tuition fees for her children.
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.
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.