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Wahyudi is from Indonesia. He needs a loan of $350 to cover business expenses and purchase additional printing materials.
Wahyudi is from Indonesia. He needs a loan of $350 to cover business expenses and purchase additional printing materials.
Wahyudi runs a printing business in his community in order to support his family. He wants to expand his business; unfortunately, due to the hard competition he faces from other printers and the ever-increasing prices of his printing materials, this is not an easy task.
With a loan from World Vision, Wahyudi will be able to cover his business expenses and purchase additional printing materials for his business which will allow him to sell his products at a competitive price. This will lead to an increase in sales and give Wahyudi the boost he needs to greatly improve his production. He plans to expand his business by opening a new shop in the near future.
With the additional income he will earn from his increased production sales, Wahyudi will be able to bring financial stability to his family. He will also be able to ensure that he and his wife will have a better diet and that their living conditions will improve.
In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.
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 Wahyudi to expand his printing business. After receiving the loan from World Vision, he invested the $350 to cover business expenses and purchase additional printing materials.
Wahyudi has been repaying his loan on time with his new profits. He makes weekly payments of $8.
In addition to repaying his loan, Wahyudi is using additional income to maintain equipment, provide food for his family and buy supplies.
Thank you for supporting Wahyudi and World Vision Micro!
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