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Amalia is from Philippines. She needs a loan of $250 to buy merchandise for her store and fertilizer for farm.
Amalia is from Philippines. She needs a loan of $250 to buy merchandise for her store and fertilizer for farm.
Amalia lives in Bataraza, Palawan Philippines. She has three children ages 16, 17 and 19. She is very hardworking and is asking for a loan to maintain her businesses: operating a Sari-sari (variety) store and a farm.
Amalia will use a World Vision microloan to buy additional merchandise to increase her inventory in her variety store and to purchase fertilizer for her farm. Additional inventory will make Amalia more competitve and fertilizer will render higher yield crops for good profits at harvest time.
The additional income will be used to finance her children’s schooling, meet family daily consumption needs and any savings, after loan repayment, will be used to reinvest in both the store and farm, so Amalia can continue to provide for her family and help ensure their future.
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 Amalia Solangon to expand her farming and retail businesses. After receiving the loan from World Vision, she invested the $250 to buy merchandise for her store, and fertilizer for farm.
Amalia has been repaying her loan on time with her new profits. She makes weekly payments of $12.
In addition to repaying her loan, Amalia is using additional income to pay school fees, purchase food for the family and expand the current business. Amalia's three children continue to study in school.
Thank you for supporting Amalia and World Vision Micro!
Thank you for supporting the loan for Amalia Solangon to improve her farming and retail business. She invested her the $250 to buy merchandise for her store and fertilizer for her farm.
Amalia has now repaid her loan in full. In addition to repaying her loan, Amalia has used her additional income to pay school fees, purchase food for the family and expand the current business.
Amalia's three children continue to study in school.
The loan Amalia received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Amalia hopes to continue to send her children to school and repair their home.
Thank you for your support of Amalia and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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