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Josephine is from Philippines. She needs a loan of $200 to purchase more plastic ware.
Josephine is from Philippines. She needs a loan of $200 to purchase more plastic ware.
Josephine Erecido is a woman who lives with her family in Consolacion, Cebu. Josephine has been working very hard, since 1987, selling plastic household products like the tupperware brand to earn a living for herself. At this time, Josephine lacks the funds needed to maintain her household products business.
With a loan from World Vision, Josephine will be able to purchase all the plastic product stock she needs to continue her business. Josephine will also be able to grow her business, having more of a variety in product to attract new customers and increase her income. With the additional income, Josephine will be able to provide for all of her daily needs and renovate her home.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
World Vision began working with the people of the Philippines in Manila in 1954. Childcare projects began shortly thereafter to help fund orphanages and daycare centers, health-care programs, educational assistance, hygiene, and spiritual enrichment projects. The Good Shepherd’s Fold Orphanage Project provided a gas stove, 600 reference books, musical instruments, vegetable seeds, and 3,000 textbooks to children on the island of Guimaras.
From 1960 to 1969, sponsorship continued to grow with the addition of the Mercyville orphanage in the village of Polonulig on the island of Mindanao. In addition, the Philippines Medical Boat Mission Project ministered to suffering people in remote, sea-locked villages. Medical and
evangelical teams provided health care through two- and three-day clinics in churches and homes.
World Vision opened the Manila office in 1972. Staff sought to improve communities and continued sharing the message of the Gospel. By the end of the decade World Vision sponsored 29,750 children. Community development projects provided a comprehensive approach to integrate
development among the small islands, which typically have few resources and are inaccessible during rough seas. Projects there sought to promote fishing, health care, sanitation, and education. The Ilin Island Fishing Project benefited 600 people by promoting self-sufficiency through agricultural production, increased fishing harvests, and improved water supplies.
Thank you for supporting a small business loan for Josephine Erecido to expand her retail business. After receiving the loan from World Vision, she invested the $200 to purchase more plastic ware.
Josephine has been repaying her loan on time with her new profits. She makes weekly payments of $10.
In addition to repaying her loan, Josephine is using additional income to purchase food for the family and expand the current business.
Thank you for supporting Josephine and World Vision Micro!
Thank you for supporting the small loan for Josephine Erecido to improve her retail business. She invested her loan of $200 to purchase more plastic ware.
Josephine has now repaid her loan in full. In addition to repaying her loan, Josephine has used her additional income to purchase food her the family and expand the current business.
The loan Josephine received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Josephine hopes to send her children to school, improve their home and expand the current business.
Thank you for your support of Josephine and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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