Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Nenita is from Philippines. She needs a loan of $300 to purchase plastic bottles.
Nenita, a mother of five, buys and sells scraps for a living since 2003. Nenita and her family are from the town of Sogod, Cebu. Her youngest child is a 15-year old daughter.
Nenita is requesting a World Vision microloan in order to buy more plastic bottles from suppliers, which she can resell for good profits. She dreams of improving her business so that her youngest child can remain in school.
Any additional income will be used to finance her child’s schooling, increase her family's daily consumption and reinvest in her salvage business to ensure she can continue to provide for her family.
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 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.
Thank you for supporting a small business loan for Nenita Agosto to expand her retail business. After receiving the loan from World Vision, she invested the $300 to purchase plastic bottles. Nenita has been repaying her loan on time with her new profits. She makes weekly payments of $15.
In addition to repaying her loan, Nenita is using additional income to pay school fees, purchase food for the family, and expand the current business. Nenita's 5 children continue to study in school.
Thank you for supporting Nenita and World Vision Micro!
Thank you for supporting Nenita Agosto’s retail business through World Vision Micro. Nenita invested her small business loan of $300 to purchase plastic bottles.
She has made weekly payments of $15 and has now fully repaid her loan.
With the profits from her business, Nenita paid her children's school fees, and purchase food for her family. Nenita’s goal for the future is to earn enough so that she can expand the current business and take out another loan.
Nenita’s five children remain in school. Because of your donation, Nenita is able to provide a better future for her family.
Thank you for providing Nenita with hope and a future through World Vision Micro. These funds are now being recycled to support another hardworking entrepreneur in the same community.