Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Ma. Wilma is from Philippines. She has 5 children. She needs a loan of $250 to purchase piglets and animal feed to improve her business.
Mother of five, her youngest six months, for Ma. Wilma raising hogs is one of the best businesses she can do to provide for them because it enables her to care for children at home. She'd like to grow her business by purchasing additional piglets and quality animal feed, but due to a lack of money she has not been able make those purchases.
A loan from World Vision will enable Ma Wilma to purchase piglets and animal feed, enabling her to sell fatter, healthier pigs that generate higher prices at the market. Her new income will enable her to continue caring for her children at home, allow her to better provide for them, and ensure that they receive an education. Additionally, she will be able to reinvest in her farm, creating a sustainable source of income to continue providing for her family.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
The community of Mountain View is located in a boot-shaped province on Negros Island in the Philippines. Home to Mt. Kanlaon, an active volcano, the area is rich with natural resources. With convenient access to a variety of markets, the community is emerging as a promising frontier for investors.
Economic activities revolve around agriculture, fishery, and forestry. Environmental degradation is a pressing concern. The region has been identified as one of the lowest income-earning areas in the country. Families struggle to acquire proper nutrients, and some do not have access to clean water. Malnutrition and disease are constant concerns. Families are hindered by poor road conditions, and many children drop out of school.
In Mountain View, World Vision has provided community members with key employment skills, including training in food processing and assistance in livestock rearing. We have also provided medical and housing assistance, supplemental food for malnourished children, fees and materials for children to attend school, and educational support for child laborers.
Thank you for supporting a small business loan for Ma. Wilma Balasabas to expand her farming and livestock business where she raises hogs.
After receiving the loan from World Vision, she invested the $250 to purchase piglets and animal feed to improve her business.
Ma. Wilma has been repaying her loan on time with her new profits. She makes weekly payments of $15.
In addition to repaying her loan, Ma. Wilma is using additional income to pay school fees, purchase food for the family, and expand the current business. Ma. Wilma's 5 children continue to study in school.
Thank you for supporting Ma. Wilma and World Vision Micro!
Thank you for supporting the small loan for Ma.Wilma Balasabas to improve her farming and livestock business. She invested her loan of $250 to purchase piglets and animal feed to improve her business.
Ma. Wilma has now repaid her loan in full. In addition to repaying her loan, Ma. Wilma has used her additional income to purchase food for the family and expand her current business.
Ma. Wilma's 5 children continue to study in school.
The loan Ma. Wilma received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Ma. Wilma hopes to send children to school and expand her current business.
Thank you for your support of Ma. Wilma and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.