1. F INANCIAL E DUCATION I N M ICROFINANCE NEGROS WOMEN FOR TOMORROW FOUNDATION INC project dungganon project kasanag

2. Founded on August 9, 1984 Registered with SEC on March 6, 1986 Established Project Dungganon in 1989 Started Project Kasanag in 2000 (Individual Loan window) Opened Dungganon Bank (a Microfinance Thrift Bank) in 2005 Organized DO-IT Foundation in 2011 Has 58 Branches in 14 Provinces in the Visayas & Palawan catering to 131,000 Active Loan Clients 921 total workforce MILESTONESMILESTONES MILESTONESMILESTONES Brief Background

3. W HY IS THE PROVISION OF F INANCIAL E DUCATION IMPORTANT ? Most of our clients are poor women who are less educated, but have some IGSS or Income Generating Survival Skills that they relied for their survival in their many years of poverty. Financial Education concretizes their crude business knowledge, experience & skills, to make sure that they earn profit from the businesses they presented to NWTF for funding.

4. H OW DID NWTF DEVELOP THE PROGRAM ? W HO WERE I TS PARTNER ? The Financial Education of NWTF is customized, a result of a diligent search for a program that could meet clients’ need. We don’t have formal partners, but we acknowledged some Institutions whose manuscripts, publications & training programs were valuable in the development of our own.

5. H OW DOES NWTF DELIVER F INANCIAL E DUCATION TO ITS CLIENTS ? W HO CONDUCTS IT ? The Client Services Department was established precisely to deliver the Non-Financial Services to the end- clients, that include among others, Financial Education. CSD has qualified trainers to run financial education sessions.

6. W HAT ARE THE CHALLENGES ENCOUNTERED BY THE O RGANIZATION IN THE PROMOTION OF F INANCIAL EDUCATION ? Income lost while attending Financial Education; Appropriate tools to measure social and financial impacts of trainings for the end- clients & cost-benefit to the institution.

7. W HAT ARE THE RESULTS YOU WANT TO SEE ? W HAT ARE THE MEASURES OF SUCCESS IN THE CONTEXT OF YOUR ORGANIZATION ’ S PROMOTION OF FINANCIAL EDUCATION ? Results We Want To See: a. Families are able to identify income sources’ that have potential to bring in more inflows & recognizing some unnecessary family expenditures that should be reduced /or minimized, to bring a surplus for the family; b. Prepared Family Financial and Family Saving Plans, for a happy future; c. Prepared Family Cash flow Plan with Savings incorporated in the outflow. Measure of Success: Change in Attitude a. Income Surplus (in form of savings or money infused to an existing business).

8. M Y S AVING P LAN Saving Goal Lump Sum Needed When Needed Amount of Savings Required per Month Ranking of Importance Short-term: - House repair - Maternity - Wedding Long term: - College Education - Emergency Total

9. M Y F AMILY C ASHFLOW P LAN Week 1Week 2Week3Week4Total CASH IN 1. Beginning Balance 2. Add: Income for the week Total Inflow CASH OUT 1.Household Expenses 2.Savings 3.Loan amortization Total Outflow NET Inflow for the week

10. M ARAMING S ALAMAT PO !!!