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Yulia is from Indonesia. She needs a loan of $125 to purchase the ingredients of Rujak, an Indonesian fruit salad and to purchase a new glass display for her stand.
Yulia has one child and lives in Surabaya city. Her business is selling Rujak, an Indonesian fruit salad. She lacks capital to improve her stand, maintain hygiene and to attract more customers.
A World Vision micro loan will help her to purchase a new glass display to improve her appeal and service to the customers, as well as to purchase Rujak ingredients in bulk. In the future, she hopes to sell another menu on her stand: Gado-gado, an Indonesian vegetable salad.
The income from the business will allow her to pay for her children's school fees and to meet her family's basic needs.
Entrepreneurs with specialized skills can apply for a loan in the manufacturing sector. Examples of businesses in the manufacturing sector are making and selling clothes, shoes, machine parts, baskets…the list goes on. These savvy entrepreneurs see the opportunity in their community and, with the help of a loan and their unique talents, can establish their niche. Only 3% of our loans are in the manufacturing sector.
World Vision began working with the people of Indonesia in 1957, when we hosted a pastors conference. In 1961, a childcare program opened to help orphans and refugee children. By 1967 the program grew to assist some 2,000 children. During the 1970s, World Vision donors sponsored more than 8,000 children, and community development work began in several areas. Today, U.S. sponsors alone support 20,000 children in six community development areas, including Surabaya.
Ministry of Education data shows that many children living in the slums of Surabaya are not attending school. Surveys also found that high numbers of infants die from preventable diseases such as pneumonia and diarrhea. This community has schools and health clinics, but the most common factor preventing access is poverty. Families can’t afford school fees and materials, or the cost of clinic visits and medicines. To address these issues, World Vision and community members have determined that improved income opportunities and health and education projects are critical. Community instruction on the importance of child rights and education also were deemed vital to community success.
World Vision began working alongside families in the slums of Surabaya in 2000, and programs designed to provide lasting, holistic, community development are directly targeting approximately 2,045 sponsored children and their families.
Thank you for supporting a small business loan for Yulia Ratna to expand her food business where she makes selling fruit salad. After receiving the loan from World Vision, she invested the $125 to purchase the ingredients of rujak, an Indonesian fruit salad and to purchase a new glass display for her stand. Yulia has been repaying her loan on time with her new profits. She makes weekly payments of $3.
In addition to repaying her loan, Yulia is using additional income to pay school fees, purchase food for the family and expand the current business. Yulia's child continues to study in school.
Thank you for supporting Yulia and World Vision Micro!
While Yulia Ratna initially invested in her business loan by purchasing the ingredients of Rujak, an Indonesian fruit salad and to purchase a new glass display for her stand, she has struggled to repay her loan. While we continued to work with Yulia to help her reestablish her business, we regret to report that Yulia has now defaulted on her loan.
Yulia prays that she will someday be able to restart her business so that she can better provide for her family. Yulia would like to sincerely thank the donors who partnered with her. Please pray for Yulia and her family during this difficult time.
Despite the fact that World Vision boasts a repayment rate greater than 98%, there will always be some loans that do not get fully repaid. While World Vision does everything it can to ensure that this does not happen, it is an unfortunate reality that must be recognized when providing loans to less fortunate populations.
Thank you for your understanding, and your support of World Vision Micro. If you have any questions or concerns, please feel free to call our Customer Care line at 1-888-511-6444.