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Marcela M

Marcela is from Philippines. She needs a loan of $200 to purchase more food stock for store .

Commerce
Community:
Tabod It Arap ADP
Country:
Philippines
other entrepreneurs here Philippines

Summary

Marcela is from Philippines. She needs a loan of $200 to purchase more food stock for store .

  • Top Goals To purchase more food stock for store

Marcela's Story

Marcela Martinez is a mother of one child, a 20 year old son. She lives with her family in Bataraza, Palawan, where she owns and operates a sari-sari store, (convenience store) within her local community, to help earn a living for her family. At this time, Marcela lacks the funds needed to purchase more food stock for her store.

With a loan from World Vision, Marcela will be able to purchase all the merchandise/food stock needed for her store. Because of the loan, she'll be able to attract new customers, grow her business and increase her income. With the additional income, Marcela will be able to provide for her family's daily needs and create a savings.

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Industry Info

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.

Marcela's Community

World Vision began working with the people of the Philippines in Manila in 1954. Childcare projects began shortly thereafter to help fund orphanages and daycare centers, health-care programs, educational assistance, hygiene, and spiritual enrichment projects. The Good Shepherd’s Fold Orphanage Project provided a gas stove, 600 reference books, musical instruments, vegetable seeds, and 3,000 textbooks to children on the island of Guimaras.

From 1960 to 1969, sponsorship continued to grow with the addition of the Mercyville orphanage in the village of Polonulig on the island of Mindanao. In addition, the Philippines Medical Boat Mission Project ministered to suffering people in remote, sea-locked villages. Medical and
evangelical teams provided health care through two- and three-day clinics in churches and homes.

World Vision opened the Manila office in 1972. Staff sought to improve communities and continued sharing the message of the Gospel. By the end of the decade World Vision sponsored 29,750 children. Community development projects provided a comprehensive approach to integrate
development among the small islands, which typically have few resources and are inaccessible during rough seas. Projects there sought to promote fishing, health care, sanitation, and education. The Ilin Island Fishing Project benefited 600 people by promoting self-sufficiency through agricultural production, increased fishing harvests, and improved water supplies.

Marcela's Mid Term Update October 08, 2012

Thank you for supporting a small business loan for Marcela Martinez to expand her food and retail business. After receiving the loan from World Vision, she invested the $200 to purchase more food stock for her store. Marcela has been repaying her loan on time with her new profits. She makes weekly payments of $10.

In addition to repaying her loan, Marcela is using additional income to purchase food for the family and expand the current business. Marcela's child continues to study in school.

Thank you for supporting Marcela and World Vision Micro!

Marcela's Final Update December 17, 2012

Marcela

Marcela Martinez has successfully repaid her small business loan. She invested the $200 to purchase merchandise for her store.

Thanks to the loan that she received, Marcela was able to use the profits from her business to purchase food for the family and expand the current business. In the future, Marcela aspires to earn enough to repair or expand their home and grow the current business.

Marcela is also able to support her child's education.

Thank you for supporting Marcela and World Vision Micro. These funds are now available to help other entrepreneurs in Marcela’s community.

Total Amount
$200

Amount raised

$200
$200
100%

Help Marcela

8 Donors

  • Joanne
    July 24, 2012
    Contributed to 13 other loans
  • Rebecca
    July 26, 2012
    Contributed to 20 other loans
  • Sheryl C
    July 26, 2012
    Contributed to 19 other loans
  • Krystal
    July 27, 2012
    Contributed to 15 other loans
  • Rebecca
    July 27, 2012
    Contributed to 13 other loans
  • Rosemary
    July 27, 2012
    Contributed to 21 other loans
  • Karen
    July 27, 2012
    Contributed to 14 other loans
  • Damian
    July 30, 2012
    Contributed to 8 other loans

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