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Zenaida is from Philippines. She needs a loan of $175 to buy feed and supplements for her hogs.
Zenaida is from Philippines. She needs a loan of $175 to buy feed and supplements for her hogs.
Zenaida has been raising hogs in the town of Hilongos, Leyte for quite some time. She is 52 years old and has three children. Her youngest is 18 years old.
Zenaida is requesting a World Vision microloan to buy hog feed and supplements for her hogs. She will get good profits when she takes healthy, well-fed hogs to market. She dreams of improving her business so that her family will be able to live a more comfortable life.
The additional income will be used to meet Zenaida's family's daily consumption and improve their living conditions. Any savings will be reinvested in her piggery so Zenaida and her children can have a secure future and a steady income.
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.
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.
Thank you for supporting a small business loan for Zenaida Bontilao to expand her livestock business where she raises pigs. After receiving the loan from World Vision, she invested the $175 to buy feed and supplements for her hogs.
Zenaida has been repaying her loan on time with her new profits. She makes weekly payments of $8.
In addition to repaying her loan, Zenaida is using additional income to purchase food for the family and expand the current business. Zenaida's three young children continue to study in school.
Thank you for supporting Zenaida and World Vision Micro!
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Thank you for supporting the small loan for Zenaida Bontilao to improve her livestock business. She invested her loan of $175 to buy feed and supplements for her hogs.
Zenaida has now repaid her loan in full. In addition to repaying her loan, Zenaida has used her additional income to purchase food for her family and expand her current business.
Zenaida's three children continue to study in school.
The loan Zenaida received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Zenaida hopes to repair or expand their home and expand her current business.
Thank you for your support of Zenaida and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
