Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
.jpg?1335501162)
Piah is from Indonesia. She has 3 children. She needs a loan of $400 to buy more commodities for her shop (oil, vegetables, milk, coffee, sugar, rice, etc.).
Piah is from Indonesia. She has 3 children. She needs a loan of $400 to buy more commodities for her shop (oil, vegetables, milk, coffee, sugar, rice, etc.).
Piah lives in Surabaya with her husband and two children. She runs a small shop selling food items and coffee. She has owned her shop for a long time and loves her customers. The business has helped her to raise her children, who are her biggest priority. Her biggest challenge is that during the rainy season, she can't attract customers and make enough profits to meet the needs of her family. Therefore, she has a plan to open another shop in a busier street and attract more customers to financially carry her over the rainy season.
Piah will use a World Vision microloan to buy more commodities in bulk (e.g. oil, vegetables, milk, coffee, sugar, rice etc.). She also will repair the front of her shop which is in poor condition.
The additional profits will support Piah's family during the rainy season. The children's school fees will be paid and any savings will go toward opening a second shop.
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 Piah to expand her food and coffee store. After receiving the loan from World Vision, she invested the $400 to buy more commodities for her shop (oil, vegetables, milk, coffee, sugar, rice, etc).
Piah has been repaying her loan on time with her new profits. She makes weekly payments of $8.
In addition to repaying her loan, Piah is using her income to pay her children's school fees, purchase food for her family and buy supplies in bulk.
Piah's three children continue to study in school.
Thank you for supporting Piah and World Vision Micro!
