Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Iin is from Indonesia. She has 1 child. She needs a loan of $300 to buy additional equipment and improve her storefront business.
Iin is married, with one beautiful child. She provides for her family by selling food in a storefront business. However she would like to change location because her current location in not in a strategic area, facing foot traffic, which is limiting the growth of her business. Although she wants to move, she lacks the money to move.
The loan from World Vision will enable Iin to relocate her shop to a more strategic location that will attract more customers. This move will increase her sales and profits. The income she earns will enable her to provide her family with better living conditions, educational opportunities, and will enable her to help meet the needs of close relatives, which is something she wants to do.
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 Iin Yusnita to expand her retail business. After receiving the loan from World Vision, she invested the $300 to buy additional equipment and improve her storefront business.
Iin has been repaying her loan on time with her new profits. She makes weekly payments of $7.
In addition to repaying her loan, Iin is using her additional income to maintain and repair equipment, pay her child's school fees and buy supplies.
Iin's child continues to study in school.
Thank you for supporting Iin and World Vision Micro!