A loan of $300 helped to purchase stock items to sell in her general store.

I helped fund a microloan for Anabelle, a General Store owner from the Philippines.

Here is Anabelle’s Story

In the bustling streets of the city of Toledo in the Philippines, you will find Anabelle selling her wares to the occupants of the city. This 29 year old married mother of two works extremely hard to help provide for her family, especially as she has one child in school. She supports them through her general store, which she has been running for the last three years, where she sells a variety of consumable goods.

In an effort to continue providing for her family properly, Anabelle approached the Negros Women for Tomorrow Foundation for a loan. The money that she received would be used to buy a variety of items for her store including noodles, canned foods, soft drinks, candies, biscuits and cooking oil. Her dream is to one day save up enough money so that she can expand her business, and therefore provide her family with a more secure future.

Her loan was locally administered by the Negros Women for Tomorrow Foundation (NWTF), a non-governmental organization and Kiva partner. The organization’s main aim is to ensure that the low income families of the province of Negros Occidental become financially self-sufficient. It does this by providing its members with a range of socioeconomic services, including microloans for entrepreneurs, hospital income benefits, training programs, medical and dental missions, and business and livelihood workshops. The money donated by Kiva lenders helps the organization to expand its reach so that it can provide these services to even more people.

Thanks to Kiva’s lending platform and the NWTF, I was able to provide full funding for Anabelle’s loan, bringing her one step closer to securing a future for her family. Thousands of people from around the globe are having their lives changed forever by organizations such as these, as they provide these people with avenues that they can use to escape the poverty that surrounds them.

The way it works is very simple, Kiva helps to bring donors such as myself together, while the NWTF identifies people on the ground that are in need of funding, and disburses the funds to them. Anyone can join Kiva’s lending platform and you should to if you would like to change the life of an underprivileged entrepreneur. All you have to do is visit www.kiva.org, where you will find a long list of entrepreneurs that could use your help.

GoodField Investments, through its private, nonprofit foundation, supports underprivileged entrepreneurs through life-changing microloans. Currently, Dr. Joseph Johnson, GoodField founder, helps fund over 1,000 microloans per month. For more about GoodField, its mission, vision, and values, click here.

Notes
1. This article is based on https://www.kiva.org/lend/824235