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Leonila S

Leonila is from Philippines. She needs a loan of $250 to grow her seaweed.

Production
Community:
Omega
Country:
Philippines
other entrepreneurs here Philippines

Summary

Leonila is from Philippines. She needs a loan of $250 to grow her seaweed.

  • Top Goals To grow her seaweed
  • Dependants Helped 1

Leonila's Story

Leonila hails from Bato, Leyte Philippines.

She is 25 years old with a 5 year old son named Jonel.

Leonila is a seaweed farmer.

With a loan from World Vision, Leonila can purchase more plastic rope that will be used to help secure her seaweed plants and prevent them from being swept away.

Leonila wants to provide a better future for her child by saving for his future education and providing him healthy meals.

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Industry Info

Entrepreneurs with specialized skills can apply for a loan in the manufacturing sector. Examples of businesses in the manufacturing sector are making and selling clothes, shoes, machine parts, baskets…the list goes on. These savvy entrepreneurs see the opportunity in their community and, with the help of a loan and their unique talents, can establish their niche. Only 3% of our loans are in the manufacturing sector.

Leonila'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.

Leonila's Mid Term Update October 15, 2012

Thank you for supporting a small business loan for Leonila Samares to expand her farming business. After receiving the loan from World Vision, she invested the $250 to grow seaweed.

Leonila has been repaying her loan on time with her new profits. She makes weekly payments of $12.

In addition to repaying her loan, Leonila is using additional income to purchase food for the family and expand the current business. Leonila's young child continues to study in school.

Thank you for supporting Leonila and World Vision Micro!

Leonila's Final Update December 24, 2012

Leonila

Thank you for supporting the business loan for Leonila Samares to improve her seaweed farming business. She invested her loan of $250 to grow her seaweed.

Leonila has now repaid her loan in full.

In addition to repaying her loan, Leonila has used her income to purchase food for her family, buy school supplies for her child and expand the current business.

Leonila's child continues to study in school.

The loan Leonila received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Leonila hopes to improve her home and expand the business.

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

Total Amount
$250

Amount raised

$250
$250
100%

Help Leonila

4 Donors

  • Deborah
    July 31, 2012
    Contributed to 4 other loans
  • Josh
    August 04, 2012
    Contributed to 21 other loans
  • Justin
    August 05, 2012
    Contributed to 1 other loans
  • Jamie
    August 06, 2012
    Contributed to 10 other loans