INNOVATIONS & INITIATIVES

That Increase Decent Work for Rural Women Dr. Cecilia del Castillo Executive Director, Negros Women for Tomorrow

NWTF was founded in 1984 as a non-governmental organization to help women achieve self-sufficiency and self-reliance, particularly in Negros Occidentals low income and depressed urban and rural communities.

MICROCREDIT

WHAT IS
Grameen method micro credit. Women in rural households who belong to the lowest 50% of the population Use PPI Progress Out of Poverty Index to target the poorest

PRINCIPLES
Direct financial credit to the poor. Unique system of money lending. Formation of groups by the members themselves. Small repayments for small loans. Utilization of loans for income generating projects, that one has the skill for. Close monitoring and supervision of loans. Compulsory saving of money for the Group Fund. Business transactions are done in an open manner. Rigorous training and testing of potential borrowers. Rigorous and practical staff training.

Areas of Operation

As of May 2013, NWTF-PD has 64 branches in 7 islands

Simple Procedures, Training and Testing

System of small loans, weekly repayment and availability of subsequent loans

Loan Products
General Loans Special Loans
House repair Asset acquisition Family business Utilities Seasonal business opportunities Other business ventures Education loans (Vittana) Green Loans (solar lantern/ Envirofit cookstove)

Individual Loans Bridge Loans

CLIENT PROTECTION & BENEFITS

FINANCIAL & NON-FINANCIAL SAFEGUARDS

NEGROS WOMEN FOR TOMORROW FOUNDATION INC. www.nwtf.ph

 SAVINGS
ICF - Individual Compulsory Fund AF - Alkansiya Fund

HEALTH & PRE-NEED

Life/Accident/ Medical Insurance Package Funeral Services Package (rollout 2011) Health Services Package (SANA pilot 2011)

OTHER CLIENT BENEFITS

Incentive Package
Medical and Dental Missions Scholarship Program for members children Disaster Relief Mass Weddings

SAVINGS
ICF - INDIVIDUAL COMPULSORY FUND help the members to fulfill other obligations to the family and help pay for the loan installments when necessary. AF - ALKANSIYA FUND

INSURANCE
Life Insurance of P50,000.00 additional Accidental Death Benefit of P50,000.00 Hospital income @ P150/day, maximum of Pxx/year Maximum P5,000/year medical reimbursement due to accident. Indemnity of P200/wk, maximum of 4 weeks/year. Retirement Benefit of P25,000 after 25 years*

FUNERAL SERVICES
Basic embalming service of up to 7 days; Ordinary coffin Free use of viewing paraphernalia; Free use of funeral car within territorial limits

MEDICAL & DENTAL MISSIONS

SCHOLARSHIP PROGRAM
Branch Factor
at least 5 years in operation 98-100% repayment rate at least 90% attendance rate

Client Factor
Have been an active member for at least 5 years 100% repayment rate 95% attendance Actively participates in center activities

MASS WEDDINGS

DISASTER RELIEF

Loan moratorium for 2 weeks; Groceries worth P200 2 kilos of rice

BUSINESS DEVELOPMENT
GENERATE YOUR BUSINESS IDEA/ START YOUR BUSINESS are simple business seminars that help clients start their business and make a marketing plan with whatever knowledge or experience they already have.

GYB/ SYB

GEM/ BAREFOOT MBA

Financial Literacy Trainings for clients to help them perform basic bookkeeping, budgeting and product costing.

BUSINESS OPPORTUNITIES
The Dungganon Negosyo Comics provide clients with entertaining yet informative way on the best practices in business and teach them how to become entrepreneurs.

RESEARCH AND SPECIAL PROJECTS

INNOVATIONS

NEGROS WOMEN FOR TOMORROW FOUNDATION INC. www.nwtf.ph

MICRO CROP
Loan product for agrarian reform beneficiaries and small farmers. Multiple releases and payment upon harvest addresses specific needs of farmers giving them better yields and higher income. Costly and risky but very important program that addresses rural poverty in the developing world.

ENVIRONMENTAL PRODUCTS
SOLAR LAMPS
safe, reliable and multi-purpose solar lamps that dependable lighting for off-grid areas as well as fisher-folk and other rural communities.

ENVIROFIT COOKSTOVES
energy-efficient cookstoves that allow clients to save as much as 40-50% of their usual fuel budget while reducing emission by 60%.

MOBILE BANKING

LOAN RELEASE AND PAYMENTS

Educational loans that enable family members of NWTF-Project Dungganon clients to take up short high-skills vocational courses.

Implementing Partner
Implementing partners are usually Microfinance Institutions that receive grants from Whole Planet Foundation to establish and run micro lending programs. In some cases Whole Planet Foundation funds or contributes to the loan pool of an existing MFI

Rotary Club of Richmond Sunrise Rotary Club of Cranbrook Sunrise Rotary Club of Sechelt Rotary World Help Network

INTERNATIONAL DENTAL MISSION

VILLAGE BANKS

EQUIPMENT DONATIONS

AFFILIATIONS

LANDBANK COUNTRYSIDE DEVELOPMENT FOUNDATION INCORPORATED

PEOPLES CREDIT AND FINANCE CORPORATION

The women who are making a difference

ANECDOTAL REPORTS

NEGROS WOMEN FOR TOMORROW FOUNDATION INC. www.nwtf.ph

MICROENTREPRENEUR OF THE YEAR

CITI

Ester Lumbo
PANDAN BAGS MANUFACTURING SAN CARLOS CITY, NEGROS OCCIDENTAL

2011 NATIONAL AWARDEE

MASIKAP CATEGORY

Moving Forward More community loans

NORIA Negros Organic Rice Producers Association Ginger Project in Samar Salt

Banago Bags