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Myrna is from Philippines. She has 7 children. She needs a loan of $350 to buy bamboo for making skewers.
Myrna is from Philippines. She has 7 children. She needs a loan of $350 to buy bamboo for making skewers.
Myrna lives in Naic in Cavite province in the Phillipines. She is 59 years old with seven grown children. She has been making and selling bamboo skewers since her children were younger. She sells the ready-made skewers out of her home.
With a loan from World Vision she will be able to buy more bamboo and accommodate more orders. She dreams of improving her business so that she can renovate her house and be assured of healthy diet daily for her family. Any additional income will be saved for when she can no longer work due to old age.
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.
The community of Children’s Helper is located in the province of Cavite in the Philippine islands, to the southwest of Manila. Like most of the Philippines, the region experiences dry weather from December through June and a rainy season from July through November. Floods and typhoons are common threats.
Fishing is a major source of income, with catches including milkfish, crabs, tilapia, mussels, and oysters. Other income-generating activities include agriculture, livestock production, and industrial jobs. Often, families do not earn enough to meet basic needs and children drop out of school to find work. Many children are underweight. The community has access to a shallow well and several pumping stations that provide them with water for household needs.
In Children’s Helper, World Vision is assisting families with income generation through loans and retail projects such as making and selling soap. We are also providing medical checkups and healthcare for children.
Thank you for supporting a small business loan for Myrna Casajeros to expand her retail and manufacturing business. After receiving the loan from World Vision, she invested the $350 to buy bamboo for making skewers. Myrna has been repaying her loan on time with her new profits. She makes weekly payments of $17.
In addition to repaying her loan, Myrna is using additional income to purchase food for the family and expand the current business. Myrna's 7 children continue to study in school.
Thank you for supporting Myrna and World Vision Micro!
Thank you for supporting the small loan for Myrna Casajeros to improve her retail and manufacturing business. She invested her loan of $350 to buy bamboo for making skewers.
Myrna has now repaid her loan in full. In addition to repaying her loan, Myrna has used her additional income to purchase food for her family and expand the current business.
Myrna's seven children continue to study in school.
The loan Myrna received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Myrna hopes to expand the current business and take out another loan.
Thank you for your support of Myrna and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.
