Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Loisa is from Philippines. She needs a loan of $200 to increase her cosmetics.
Loisa lives in Naic, Cavite, Philippines with her husband and three teenagers.
Loisa supports her family through Avon and Personal Collection products sales.
The items she sells include: lotion, cologne, toilet cleaner, and body talc.
She is motivated to work hard and earn an income so she can provide for her children's needs, especially their education.
A loan with World Vision will help Loisa increase her sales. Additional income will be a great help to her husband, who is a tricycle driver, and their entire family.
Loisa would like to improve her children's lives by helping her children get an education and provide healthy meals.
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.
The community of Children’s Helper is located in the province of Cavite in the Philippine islands, to the southwest of Manila. Like most of the Philippines, the region experiences dry weather from December through June and a rainy season from July through November. Floods and typhoons are common threats.
Fishing is a major source of income, with catches including milkfish, crabs, tilapia, mussels, and oysters. Other income-generating activities include agriculture, livestock production, and industrial jobs. Often, families do not earn enough to meet basic needs and children drop out of school to find work. Many children are underweight. The community has access to a shallow well and several pumping stations that provide them with water for household needs.
In Children’s Helper, World Vision is assisting families with income generation through loans and retail projects such as making and selling soap. We are also providing medical checkups and healthcare for children.
Thank you for supporting a small business loan for Loisa Llamado to expand her retail and health/beauty business. After receiving the loan from World Vision, she invested the $200 to increase her cosmetics. Loisa has been repaying her loan on time with her new profits. She makes weekly payments of $10.
In addition to repaying her loan, Loisa is using additional income to pay school fees, purchase food for the family and expand the current business. Loisa's 3 children continue to study in school.
Thank you for supporting Loisa and World Vision Micro!
Thank you for supporting the business loan for Loisa Llamado to improve her health and beauty business. She invested her loan of $200 to increase her cosmetics.
Loisa has now repaid her loan in full.
In addition to repaying her loan, Loisa has used her income to pay her children's school fees, purchase food for her family and expand the current business.
Loisa's three children continue to study in school.
The loan Loisa received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Loisa hopes to improve the business and take out another loan.
Thank you for your support of Loisa and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.