Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Nida is from Philippines. She needs a loan of $125 to buy more prepaid minutes.
Nida has a business selling prepaid cell phone cards. She and her family live in Naic, Cavite, Philippines. Her husband drives a transportation tricycle to earn a living. They have two children: John Mateo, 12, and Steve Frankie, 8.
Nida is requesting a loan so that she can buy more prepaid cards to sell to her customers. She would like to improve her business and increase her income to better support her family and to be able to pay all of her children's school expenses.
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 Nida Isidro to expand her retail and services business. After receiving the loan from World Vision, she invested the $125 to buy more prepaid minutes. Nida has been repaying her loan on time with her new profits. She makes weekly payments of $6.
In addition to repaying her loan, Nida is using additional income to pay school fees, purchase food for the family and expand the current business. Nida's 2 children continue to study in school.
Thank you for supporting Nida and World Vision Micro!
Thank you for supporting Nida Isidro’s prepaid cell phone business through World Vision Micro. Nida invested her small business loan of $125 to buy more prepaid minutes.
She has made weekly payments of $6 and has now fully repaid her loan.
With the profits from her business, Nida decided to pay her children's school fees, purchase food for her family and improve her current business. Nida’s goal for the future is to earn enough so that she can improve her home and expand the current business.
Nida’s two children remain in school. Because of your donation, Nida is able to provide a better future for her family.
Thank you for providing Nida with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.