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Lyz M

Lyz is from Philippines. She has 2 children. She needs a loan of $225 to buy clothing and pork cracklings to sell to provide for her family.

Commerce
Community:
Haven of Rest I
Country:
Philippines
other entrepreneurs here Philippines

Summary

Lyz is from Philippines. She has 2 children. She needs a loan of $225 to buy clothing and pork cracklings to sell to provide for her family.

  • Top Goals To buy clothing and pork cracklings to sell to provide...
  • Children Helped 2

Lyz's Story

Entrepreneurial, hardworking mother of two, Lyz struggle's to provide for her children with the income she earns by making and selling pork cracklings, a popular snack food in the Philippines. Additionally, she sells clothes in her neighborhood to help provide for them. She would like to increase her inventory and grow her business but due to a lack of money she has not been able to make those purchases.

A World Vision loan will dramatically change Lyz situation. She will be able to purchase additional ingredients for her cracklings, as well as clothing that will enable her to create a thriving business, with stock on hand, enabling her to better provide for her children, send them school, and reinvest in her business.

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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.

Lyz'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.

Lyz's Mid Term Update August 17, 2012

Thank you for supporting a small business loan for Lyz Manticajon to expand her clothing, food, retail and grocery business. After receiving the loan from World Vision, she invested the $225 to buy clothing and pork cracklings to sell in her store.

Lyz has been repaying her loan on time with her new profits. She makes weekly payments of $11.

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

Thank you for supporting Lyz and World Vision Micro!

Lyz's Final Update October 26, 2012

Lyz

Thank you for supporting the small loan for Lyz Manticajon to improve her clothing and snack business. She invested her loan of $225 to buy more clothing and pork crackling ingredients to make and sell in her neighborhood.

Lyz has now repaid her loan in full. In addition to repaying her loan, Lyz has used her additional income to pay school fees, purchase food for the family, and expand her current business.

Lyz's 2 children continue to study in school.

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

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

Total Amount
$225

Amount raised

$225
$225
100%

Help Lyz

1 Donors

  • Susan
    June 08, 2012
    Contributed to 17 other loans

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