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Suryawanti is from Indonesia. She has 3 children. She needs a loan of $225 to buy rice, sugar and eggs.
Suryawanti is from Indonesia. She has 3 children. She needs a loan of $225 to buy rice, sugar and eggs.
Suryawanti, a mother of three, lives in Surabaya with her husband. She owns a grocery business and needs a loan because the prices of the commodities she sells are increasing due to inflation.
With a World Vision microloan Suryawanti can purchase items for her store such as rice, sugar and eggs in bulk to get better prices and higher profits.
With the additional income, Suryawanti will be able to pay for her children's studies and give her family better living conditions. She can continue to buy more commodities in bulk with her savings to sustain her business and keep providing for her family.
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.
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 Suryawanti to expand her grocery business. After receiving the loan from World Vision, she invested the $225 to buy rice, sugar and eggs for her inventory.
Suryawanti has been successfully repaying her loan on time with her new profits. She makes weekly payments of $5.
In addition to repaying her loan, Suryawanti is using additional income to pay school fees, purchase food for the family and buy supplies in bulk. Suryawanti's three children continue to study in school.
Thank you for supporting Suryawanti and World Vision Micro!
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