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Bobby is from Philippines. He needs a loan of $250 to buy hog feed and fertilizer .
Bobby is from Philippines. He needs a loan of $250 to buy hog feed and fertilizer .
Bobby lives in the town of Mabinay in the province of Negros Oriental in the Philippines. He supports his two children (ages 7 and 10) with his profitable hog raising and farming business which he started in the 1980's.
With a loan from World Vision, Bobby will be able to buy fertilizer and hog fee and expand his business. He will be able to continue paying for his children's education, the family's daily needs, as well as reinvest in the business.
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 Bobby Rege to expand his farming and livestock business. After receiving the loan from World Vision, he invested the $250 to buy hog feed and fertilizer. Bobby has been repaying his loan on time with his new profits. He makes weekly payments of $15.
In addition to repaying his loan, Bobby is using additional income to pay school fees, purchase food for the family and expand the current business. Bobby's 2 children continue to study in school.
Thank you for supporting Bobby and World Vision Micro!
Thank you for supporting Bobby Rege’s farming and livestock business through World Vision Micro. Bobby invested his small business loan of $250 to buy hog feed and fertilizer. He has made weekly payments of $15 and has now fully repaid his loan.
With the profits from his business, Bobby decided to pay school fees, purchase food for his family and expand the current business. Bobby’s goal for the future is to earn enough so that he can continue to send his children to school, repair or expand their home and expand the current business.
Bobby’s 2 children remain in school. Because of your donation, Bobby is able to provide a better future for his 2 children.
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 Bobby and World Vision Micro!
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