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Edgardo is from Philippines. He has 3 children. He needs a loan of $125 to buy gasoline.
Edgardo is from Philippines. He has 3 children. He needs a loan of $125 to buy gasoline.
Edgardo makes a living transporting passengers in his motorcycle, locally known as a habal-habal. It has an extended seat that allows him to accommodate more passengers. As a family man with three children, he is struggling to make a better profit in this business.
With a loan from World Vision Edgardo will be able to buy enough gasoline for his daily trips. His income will go towards his youngest son Ronried, who is fourteen years old. Any additional profits will be for the family's daily consumption, savings and reinvestment in his business.
In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% 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 Edgardo Manulat to expand his services and transportation business where he provides transportation. After receiving the loan from World Vision, he invested the $125 to buy gasoline. Edgardo has been repaying his loan on time with his new profits. He makes weekly payments of $6.
In addition to repaying his loan, Edgardo is using additional income to pay school fees, purchase food for the family and expand the current business. Edgardo's 3 children continue to study in school.
Thank you for supporting Edgardo and World Vision Micro!
Thank you for supporting the small loan for Edgardo Manulat to improve his transportation business. He invested his loan of $125 to buy gasoline.
Edgardo has now repaid his loan in full.
In addition to repaying his loan, Edgardo has used his income to pay his children's school fees, purchase food for his family and expand the current business.
Edgardo's three children continue to study in school.
The loan Edgardo received helped his business expand and the profits he is earning create lasting improvements in his life. In the future Edgardo hopes to expand the business and take out another loan.
Thank you for your support of Edgardo and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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