Simeona Estorco is from Mabinay, Negros Oriental, Philippines. She has 12 children. She needs a loan of $200 Buying hogs and feed.
Simeona Estorco is from Mabinay, Negros Oriental, Philippines. She has 12 children. She needs a loan of $200 Buying hogs and feed.
Simeona Estorco, 61 years old is a farmer and a hog grower from Mabinay Negros Oriental. She has twelve children and while all are grown and have families of their own, the income that she generates from her business helps in paying the daily costs in their home.
Simeona is supporting her grandchildren by paying for their school fees and books. This is the main reason she wanted to receive assistance from World Vision microfinance: to help her business grow. The loan will be used to buy piglets and feed.
In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.
Simeona Estorco is from Mabinay, Negros Oriental, Philippines. She has 12 children. She needs a loan of $200 Buying hogs and feed.
The community of Mountain View is located in a boot-shaped province on Negros Island in the Philippines. Home to Mt. Kanlaon, an active volcano, the area is rich with natural resources. With convenient access to a variety of markets, the community is emerging as a promising frontier for investors.
Economic activities revolve around agriculture, fishery, and forestry. Environmental degradation is a pressing concern. The region has been identified as one of the lowest income-earning areas in the country. Families struggle to acquire proper nutrients, and some do not have access to clean water. Malnutrition and disease are constant concerns. Families are hindered by poor road conditions, and many children drop out of school.
In Mountain View, World Vision has provided community members with key employment skills, including training in food processing and assistance in livestock rearing. We have also provided medical and housing assistance, supplemental food for malnourished children, fees and materials for children to attend school, and educational support for child laborers.
Simeona Estorco is from Mabinay, Negros Oriental, Philippines. She has 12 children. She needs a loan of $200 Buying hogs and feed.
Simeona Estorco used this loan to purchase and maintain four piglets. The loan helped her to stay in business and to support her family.
Simeona has a strong record of repayment. Thank you for supporting Simeona and World Vision Micro.
Simeona was able to continue her business because of the World Vision loan. This assistance helped her enterprise to become profitable and then buy much needed necessities for her family.
Simeona has repaid the loan in full.
