Rica and her family survived super typhoon Haiyan which swept through the Philippines last November 8, 2013, but her business and family home was wiped out.
Rica is taking out a housing loan amounting PHP 10000 to purchase building materials and pay for construction labor to build a house for her family.
Rica has been an NWTF borrower since 2013 and plans to recover through her buy and sell coconut wine and nipa roofing business.
With your help, Rica can rebuild her house and rebound from the devastation of super typhoon Haiyan. In future, she would like to save money to expand her business.
About Negros Women for Tomorrow FoundationNegros 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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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This loan has been fully funded!