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Victoria J

Victoria is from Philippines. She has 8 children. She needs a loan of $125 to buy grocery items and farm animals to sell.

Commerce
Community:
Tabod It Arap
Country:
Philippines
other entrepreneurs here Philippines

Summary

Victoria is from Philippines. She has 8 children. She needs a loan of $125 to buy grocery items and farm animals to sell.

  • Top Goals To buy grocery items and farm animals to sell
  • Children Helped 8

Victoria's Story

Victoria has worked hard all her life, in providing for her eight grown children. She is living in the town of Espanola, Philippines and sells food and raises farm animals to earn a living. She would like to purchase additional ingredient to provide a wider selection of food for her loyal customers, but due to a lack of money, she has not been able to.

A loan from World Vision will enable Victoria to expand her business by purchasing ingredients like seasonings, cooking oil, sugar, and flour. This move will help Victoria to produce a wider variety of meals as well as generate additional income. The income she generates will allow her to meet her daily needs, cover the cost of electricity and water, as well as reinvest in her business. Her future plans are to purchase cows to sell.

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Industry Info

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.

Victoria's Community

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.

Victoria's Mid Term Update July 09, 2012

Thank you for supporting a small business loan for Victoria Joven to expand her food, retail, and services business.

After receiving the loan from World Vision, she invested the $125 to buy grocery items and farm animals to sell.

Victoria has been repaying her loan on time with her new profits. She makes weekly payments of $6.

In addition to repaying her loan, Victoria is using additional income to purchase food for the family and expand the current business. Victoria's 8 children continue to study in school.

Thank you for supporting Victoria and World Vision Micro!

Victoria's Final Update September 17, 2012

Victoria

Thank you for supporting the small loan for Victoria Joven to improve her food, retail and services business. She invested her loan of $125 to buy grocery items and farm animals to sell.

Victoria has now repaid her loan in full. In addition to repaying her loan, Victoria has used her additional income to purchase food for the family and expand her current business. Also, Victoria's 8 children continue to study in school.

The loan Victoria received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Victoria hopes to repair or expand their home and expand her current business.

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

Total Amount
$125

Amount raised

$125
$125
100%

Help Victoria

5 Donors

  • Natalie
    April 26, 2012
    Contributed to 30 other loans
  • Nan
    April 26, 2012
    Contributed to 26 other loans
  • Rebecca
    April 27, 2012
    Contributed to 13 other loans
  • Rosemary
    April 27, 2012
    Contributed to 32 other loans
  • Karen
    April 27, 2012
    Contributed to 14 other loans

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