Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
Necie is from Philippines. She needs a loan of $50 to purchase feed .
Necie is from Philippines. She needs a loan of $50 to purchase feed .
Necie lives in the Negros Oriental province of the Philippines, and she supports her family by raising and selling pigs. This business has been only marginally sustainable and she lacks the investment capital to improve it. Her goal is to be able to feed her animals more and better feed so they will be larger,
healthier, and more attractive to buyers.
With a loan from World Vision, Necie plans to purchase feed for her pigs. With the additional income she will earn by raising healthier animals, she will be able to provide the daily necessities for her family and pay the school fees for her son, John Paul. In the future, Necie plans to continue to invest in and improve her business so she can support her child’s education and renovate her home.
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 Necie Tubal to expand her farming and livestock business. After receiving the loan from World Vision, she invested the $50 to purchase feed. Necie has been repaying her loan on time with her new profits. She makes weekly payments of $3.
In addition to repaying her loan, Necie is using additional income to pay school fees, purchase food for the family and expand the current business. Necie's child continues to study in school.
Thank you for supporting Necie and World Vision Micro!
Necie Tubal has successfully repaid her small business loan. She invested the $50 for her agriculture/animals business.
Thanks to the loan that she received, Necie was able to use the profits from her business to pay school fees, purchase food for her family and expand the current business. In the future, Necie aspires to earn enough to continue to send her children to school, repair or expand their home and expand the current business.
Necie's 1 child continues to study in school. Because she was able to invest in her business, she will be able to invest in her family.
Her loan has been repaid in full, 100%.
These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Necie and World Vision Micro!
