NEGROS WOMEN FOR TOMORROW FOUNDATION
A BETTER TOMORROW
|Gross Loan Portfolio USD, 2011:||Number of active borrowers 2011:|
|Average loan balance per borrower USD, 2011:||Deposits USD, 2011:|
|Assets USD, 2011:||Number of depositors 2011:|
|Mission:||The mission of NWTF is: To provide sustainable financial and client-responsive developmental services to the poor.
Their vision is: To be a sustainable institution of change: Building vibrant, Dungganon communities.
|Background and Main Challenges:||NWTF is a non-governmental organization that aims to empower women economically and socially by giving them access to financial assistance using the credit methodology patterned after the Grameen Bank in Bangladesh. It seeks to become a leading and fully sustainable micro-finance institution.|
|Address:||102 San Sebastian/Verbena Streets
|Phone:||63 34 4323720|
|Fax:||63 34 433 0228|
|Main Funding Sources:||Grants
|Products and Services:||Loans|
|Looking for (Investment Types):||Guarantees|
|% Operations Comprised by MF:||91 - 100|
|Date established:||Jan 1 1984|
|Current Legal Status:||NGO|
|•||Dungganon Bank Inc. opened its first branch at Bantayan, Cebu.|
|•||NWTF received the Ramon Aboitiz Foundation, Inc.(RAFI) Award (the Nobel Peace Prize equivalent in Asia)
|•||Project Dungganon, a project of NWTF, opened 13more branches, bringing the total number of branches to 77.|
|•||DMIS deparment of NWTF spun off into a separate company: DO-IT (Dungganon Office of Information Technology) Foundation.
|•||The results of the Cerise Social Audit by Kiva demonstrated NWTF's remarkably well-rounded achievement in targeting and outreach of clients. As a result, Kiva awarded NWTF with five (5) badges recognizing its social performance strengths.
|•||NWTF was one of the microfinance founding members of MiDAS, a datashare initiative to address the increasing problem of over-indebtedness and overlapping of MFI memberships among their clients.
|•||NWTF was chosen as an implementing partner of Whole Planet Foundation.|
|•||The Microfinance Council of the Philippines (MCPI) rated NWTF in the standards of the Smart Campaign. The findings showed consistency in the vision-mission of NWTF.
|•||Gabrial Natividad of Roxas, Palawan (Maunlad Luzon Awardee)|
|•||Project Dungganon, a project of NWTF, opened 6 more branches, bringing total number of branches to 64.|
|•||Ester Lumbo of Calatrava, Negros Occidental (Masikap National Awardee)|
|•||Mary Jane Reyes of Mabinay, Negros Oriental (Masikap Visayas Awardee)|
|•||Enrico Jingco of Murcia, Negros Occidental (Maunlad Visayas Awardee)|
|•||Sonia Palmes of Barangay Minoyan, Murcia, Negros Occidental (Sikap National Awardee)|
|•||NWTF Project Dunggaon in cooperation with Rotary Club of Bacolod-West, Rotary Club of Richmond Sunrise, Rotary Club of Port Coquitlam Centennial and Dentistry with Heart held in Atleta Gym, Talisay City from March 1 to 4, 2010. Canadian Ambassador Mr. Robert Desjardins graced the event.
|•||Project Dungganon, a project of NWTF, opened 6 more branches, bringing total number to 58.|
|•||NWTF celebrated its 25th anniversary at the USLS Coliseum, Bacolod City, Negros Occidental. The book of '25 women stories dreams' highlighting success stories of 25 NWTF clients was published to mark this milestone.
|•||Dr. Cecile del Castillo attended as a guest speaker to the Graduate school of USLS and awarded the Signum Lassalianum Award
|•||Introduced innovative, environmentally friendly products (e.g solar lamps), to maximize savings and earnings for NWTF clients.
|•||Citibank Microentrpreneur of the Year Winners Shirley Ecot (Maunlad) and Virginia Lubguban (Masikap Awardee)
|•||Project Dungganon, a project of NWTF, opened another branch in Palawan, bringing total number of branches to 52.
|•||NWTF partnered with KIVA|
|•||Client Services Department was created to maximize the potentials of Client's Income Generating Survival Skills (IGSS)
|•||The Social Performance Management Committee was formalized.|
|•||The Provincial Government of Negros Occidental asked NWTF to be a custodian for the Renewable Energy Program which was funded by ADB.
|•||Project Dungganon, a project of NWTF, opened 3 more branches, bringing total number to 51.|
|•||Microentrepreneur of the Year Award for Inspiring Story Category was given to Ma. Cecilia David Salarda
|•||Miss Wilhelmina Gonzales received the "Ang Banwahanon Award" in Bacolod City.|
|•||Dr. Cecile del Castillo is awarded the "Most Inspiring Entrepreneur Award" by Go Negosyo at USLS, Bacolod City|
|•||Dr. Cecile del Castillo is one of the finalists for the 2007 Ernst & Young Entrepreneur of the Year award.|
|•||NWTF partnered with Grameen Foundation USA to pilot the Village Phone Banking in Negros and to address the telecommunication gap in rural areas.
|•||The City Government of Puerto Prinsesa asked NWTF to be the custodian for their Trike Fund Loan, a project funded by Asian Development Bank (ADB) Poverty and Environment Program.
|•||NWTF adopted Poverty Progress Index (PPI) methodology to measure social progress.|
|•||Sukor Kasim came back to NWTF assess Grameen model implemented in NWTF.|
|•||Rocky Moon Foundation gave a grant to NWTF through Give 2 Asia Foundation, together with a generous contribution from the Department of Trade and Industry by developing and providing Five Training Modules for the clients.
|•||Project Dungganon, a project of NWTF, opened 2 more branches, bringing the total number to 48.|
|•||Dungganon Bank Inc., the first microfinance thrift bank in Western Visayas, was opened.|
|•||Microcrop Loan was offered for small farmers|
|•||NWTF held a Dungganon Congress at Bago City in celebration of the International Year of Microcredit|
|•||Mrs. Jerilyn Lucarez, a client of NWTF, received the Citibank Microentrepreneur of the Year Visayas Regional Winner for the Maunlad Category.
|•||Mrs. Virginia Borde, a client of NWTF, receieved the Citibank Microentrepreneur of the Year National Winner for the Maunlad Category.
|•||Receieved Best Performing Microfinance Institution in Cebu (2005), awarded by Cebu Microfinance Group
|•||Dr. Cecile del Castillo was awarded the Banwahanon Award during the charter day celebration in Bacolod City
|•||Dungganon,a project of NWTF, opened another 7 branches, bringing total number to 46.|
|•||Scholarship program was introduced
|•||Dungganon, a project of NWTF, opened 5 more branches, bringing total number to 39.|
|•||NWTF award by PCFC: a) Special Citation Award as the Microfinance Insitution Parnter with the Biggest Microfinance Portfolio b) Plaque of Recognition and Appreciation for "Flagship Microfinance Institution Parnters, Outreach and Areas of Operations"
|•||Dungganon, a project of NWTF, opened 6 more branches, bringing total number to 34.|
|•||NWTF opened its first branch in Palawan.|
|•||Dungganon, a project of NWTF, opened 4 more branches, bringing total number of branches to 28.|
|•||Ms. Emma Morales, a client of NWTF, received a Citibank Outstanding Entrepreneur of the Year Award - Regional Level.
|•||NWTF signed a formal agreement with Mercantile Insurance Co. Inc. (MIC) to introduce comprehensive insurance and full retirement packages for its members.
|•||NWTF became a recipient of the Rotary International Volunteer Program from Canada.|
|•||Dungganon, a project of NWTF, opened another 5 branches, bringing total number to 23.|
|•||NWTF had an Impact Assessment (IA) on client satisfaction using the customized Assessing Impact of Microfinance (AIM) Tools.|
|•||Project Kasanag, a microlending project for small and medium enterprises, was formally launched.
|•||NWTF went into a Partnership Agreement with Women's World Banking (WWB)
|•||Accredited as a donee institution by Philippine Council for NGO Certification (PCNC)
|•||Dungganon, a project of NWTF, opened another branch, bringing total number to 18.|
|•||Dungganon, a project of NWTF, open 2 more branches, bringing the total number to 17.|
|•||Dr. Cecile del Castillo presented at the Myanmar Women Entrepreneurs Association in Yangon, Myanmar
|•||Dr. Cecile Del Castillo was one of the facilitators for the Microcredit Summit Meeting in the Ivory Coast|
|•||NWTF participated in the Rotary International Convention in Singapore|
|•||NWTF partnered with RISE (Responsible Investment for Solidarity and Empowerment)|
|•||Partnered with CASHPOR - Philnet in measuring social impacts of microfinance in the rural context of the Philippines, using the 5 AIM tools. The first impact assessment in Asia was supported by USAID.
|•||Project Dungganon of NWTF unite efforts with other CASHPOR - PHILNET member organizations to utilize the 5 AIMS tools that is customized to fit the rural Philippine context. USAID is supporting the first impact assessment in Asia.|
|•||Dungganon, a project of NWTF, opened 4 more branches, bringing the total number to 15.|
|•||Dagmar Edye and Olaf Neusner from the German Development Services (GDS) visited NWTF to study social development impactsmade by Project Dungganon.
|•||Project Dungganon participated in the Rotary Club International Village Bank Program|
|•||Dr. Cecile del Castillo is a moderator in the First Annual meeting of Councils of the Microcredit Summit held in New York.|
|•||Celebrated 10th year anniversary for Project Dungganon
|•||Dungganon, a project of NWTF, opened another branch, bringing the total number to 11.|
|•||Received the Regional and National Award from the Department of Trade and Industry, Tulong sa Tao Program
|•||Received Institution-Building grant from CARE|
|•||Received a Trust fund grant from CRS|
|•||Opened 3 more Project Dungganon branches, bringing the total number to 10.|
|•||IFAD invited Dr. Cecile del Castillo, the Executive Director of NWTF, to participate in the NGO Forum in Rome where she was elected as an NGO representative for a term of 2 years.|
|•||NWTF received a series of direct assistance from Grameen Bank
|•||Sukor Kasim became a consultant for NWTF
|•||Grameen Exposure Dialogue was held in the Philippines|
|•||NWTF partnered with Catholic Relief Services (CRS)|
|•||Professor Muhammad Yunus made his 1st visit to the Philippines|
|•||Dungganon, a project oF NWTF, opened 3 more branches in Negros, bringing the total number of branches to 7.|
|•||Dungganon, a replication of Grameen, opened its first 4 branches in Binalbagan, Victorias, Hinoba-an and San Carlos.
|•||NWTF invited Sukor Kasim to check on the Grameen system being used for Project Dungganon.|
|•||DR. Cecile del Castillo appointed as the President of two prominents microfinance-related NGOs: Cashpor and Philnet.|
|•||Dr. Cecile was part of a pioneer Task Force flying to Bangladesh to study the Grameen credit metholodogy, under a request by Governor Danilo Bitay Lacson.|
|•||Dr. Cecile del Castillo becomes a provincial board member of Negros Occidental|
|•||Registered Negros Women for Tomorrow Foundation, Inc. as a corporation with Securities and Exchange Commission|
|•||Formed the cooperative Project Kababaihan|
|•||The three Directors sowed the first seed of NWTF, under co-op style Mother Bakery Project|
|Training Program||Training Halls & Facilities||Accommodation|