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Suyatik

Suyatik is from Indonesia. She has 2 children. She needs a loan of $125 to purchase updated models of shoes and sandals to meet customer's demand and to grow her business.

Commerce
Community:
Surabaya 1
Country:
Indonesia
other entrepreneurs here Indonesia

Summary

Suyatik is from Indonesia. She has 2 children. She needs a loan of $125 to purchase updated models of shoes and sandals to meet customer's demand and to grow her business.

  • Top Goals To purchase updated models of shoes and sandals to...
  • Children Helped 2
  • Number of Employees 1

Suyatik's Story

Suyatik is married to an employee with a humble salary. She has two little children who are in elementary school age. In order to augment her husband's income, she sells shoes and sandals in the nearby market. She is challenged by price competition and she cannot afford to have her own stand due to lack of capital.

A World Vision micro loan will help her to keep updated with the latest models of shoes and sandals in order to meet her customers demand. In the future she hopes to be able to afford her own stand in the market.

The additional income will allow her to meet the family's basic needs and to have some savings for her business future.

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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.

Suyatik's Community

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.

Suyatik's Mid Term Update August 06, 2012

Suyatik

Thank you for supporting a small business loan for Suyatik to expand her clothing and retail business where she sells shoes and sandals. After receiving the loan from World Vision, she invested the $125 to purchase updated models of shoes and sandals to meet her customers' demand and to grow her business.

Suyatik has been repaying her loan on time with her new profits. She makes weekly payments of $3.

In addition to repaying her loan, Suyatik is using her additional income to purchase food for her family, expand the current business, and purchase equipment. Suyatik's 2 children continue to study in school.

She is grateful for the loan, which is benefiting both her business and her family's needs.

Thank you for supporting Suyatik and World Vision Micro!

Suyatik's Final Update November 26, 2012

Suyatik

Thank you for supporting Suyatik’s clothing business through World Vision Micro. Suyatik invested her small business loan of $125 to purchase updated models of shoes and sandals to meet customer's demand and to grow her business.

She has made weekly payments of $3 and has now fully repaid her loan.

With the profits from her business, Suyatik provided food for her family and purchase school supplies for her children. Suyatik’s goal for the future is to earn enough so that she can repair her home and take out another loan.

Suyatik’s two children remain in school. Because of your donation, Suyatik is able to provide a better future for her family.

Thank you for providing Suyatik with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.

Total Amount
$125

Amount raised

$125
$125
100%

Help Suyatik

2 Donors

  • Ian
    April 15, 2012
    Contributed to 20 other loans
  • Elrina
    April 16, 2012
    Contributed to 4 other loans

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