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Rogelio is from Philippines. He needs a loan of $250 to buy feed to fatten his hogs.
Rogelio is from Philippines. He needs a loan of $250 to buy feed to fatten his hogs.
Rogelio lives in Mabinay, Negros Oriental in the Philippines. He has been raising hogs since 2009 in order to make a living for his family. He enjoys his work and it is usually profitable, but right now he needs some help in obtaining the capital necessary to purchase feed for the hogs and possible new piglets.
With a loan from World Vision Rogelio will be able to purchase the feed he needs to raise his hogs to the proper size so he can sell them for a reasonable price. With the additional income from the sale of the larger hogs, Rogelio will be able to feed his family and reinvest in his business, for example by buying more piglets.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
The community of Mountain View is located in a boot-shaped province on Negros Island in the Philippines. Home to Mt. Kanlaon, an active volcano, the area is rich with natural resources. With convenient access to a variety of markets, the community is emerging as a promising frontier for investors.
Economic activities revolve around agriculture, fishery, and forestry. Environmental degradation is a pressing concern. The region has been identified as one of the lowest income-earning areas in the country. Families struggle to acquire proper nutrients, and some do not have access to clean water. Malnutrition and disease are constant concerns. Families are hindered by poor road conditions, and many children drop out of school.
In Mountain View, World Vision has provided community members with key employment skills, including training in food processing and assistance in livestock rearing. We have also provided medical and housing assistance, supplemental food for malnourished children, fees and materials for children to attend school, and educational support for child laborers.
Thank you for supporting a small business loan for Rogelio Callet to expand his livestock business where he raises hog. After receiving the loan from World Vision, he invested the $250 to buy feed for his hogs.
Rogelio has been repaying his loan on time with his new profits. He makes weekly payments of $12 .
In addition to repaying his loan, Rogelio is using additional income to purchase food for the animals and expand his current business.
Thank you for supporting Rogelio and World Vision Micro!
Thank you for supporting Rogelio Callet’s farming and livestock business through World Vision Micro. Rogelio invested his small business loan of $250 to buy feed to fatten his hogs. He has made weekly payments of $12 and has now fully repaid his loan.
With the profits from his business, Rogelio decided to purchase food for his family and expand the current business. Rogelio’s goal for the future is to earn enough so that he can repair or expand their home and expand the current business.
His loan has been repaid in full, 100%.
These loan funds are now available to help another worthy entrepreneur in his community. Thank you for supporting Rogelio and World Vision Micro!
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