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Cresenciana D

Cresenciana is from Philippines. She has 5 children. She needs a loan of $175 to purchase fertilizer.

Agriculture/Animals
Community:
Omega
Country:
Philippines
other entrepreneurs here Philippines

Summary

Cresenciana is from Philippines. She has 5 children. She needs a loan of $175 to purchase fertilizer.

  • Top Goals To purchase fertilizer
  • Children Helped 5

Cresenciana's Story

Cresenciana is a sixty year old resident of the Leyte province of the Philippines. She makes a living by farming, cultivating her land with rice, bananas, and vegetables. Her goal is to improve her business so she can earn a better income.

With a loan from World Vision, Cresenciana plans to purchase fertilizer so she can improve her harvest. With the additional income she will earn, she will be able to afford her basic necessities and pay her bills. She plans to continue to invest in and improve her business, and hopes to renovate her house. Cresenciana has five grown children.

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Industry Info

The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.

Cresenciana's Community

The community of Omega, located in the Southern Leyte province of the Philippines, is home to a large population of farmers and fishermen. On average, 11 of the Philippines’ approximately 24 annual typhoons affect this area. Along with poor farming and fishing practices, this contributes to the depletion of natural resources, which affects economic prosperity. Farmers mainly grow rice, coconut, and sugar cane. Fruit and vegetable production is limited, and many families struggle to find sufficient nutrients.

Nearly 50 percent of the area’s residents live in poverty. As a result of economic struggles, many children drop out of school and seek work in places such as the sugar cane fields or urban areas. These children often face exploitation and abuse.

In Omega, World Vision is helping community members create a more sustainable future by providing training in livestock raising and fertilizer production, distributing small loans, and developing businesses. We are also educating families about child rights and operating children’s associations.

Cresenciana's Mid Term Update August 25, 2012

Thank you for supporting a small business loan for Cresenciana Dapiquilla to expand her farming and food business. After receiving the loan from World Vision, she invested the $175 to purchase fertilizer.

Cresenciana has been repaying her loan on time with her new profits. She makes weekly payments of $8.

In addition to repaying her loan, Cresenciana is using additional income to purchase food for the family, purchase fertilizer and expand the current business. Cresenciana's five children continue to study in school.

Thank you for supporting Cresenciana and World Vision Micro!

Cresenciana's Final Update November 03, 2012

Cresenciana

Thank you for supporting the small loan for Cresenciana Dapiquilla to improve her farming and food business. She invested her loan of $175 to purchase fertilizer.

Cresenciana has now repaid her loan in full. In addition to repaying her loan, Cresenciana has used her additional income to purchase food for the family and expand her current business.

Cresenciana's 5 children continue to study in school.

The loan Cresenciana received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Cresenciana hopes to send children to school, repair or expand their home and expand her current business.

Thank you for your support of Cresenciana and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$175

Amount raised

$175
$175
100%

Help Cresenciana

1 Donors

  • Christopher
    June 16, 2012
    Contributed to 8 other loans

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