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Flordeliza is from Philippines. She needs a loan of $300 to buy additional inventory of clothing and bags.
Flordeliza is from Philippines. She needs a loan of $300 to buy additional inventory of clothing and bags.
Since 2000 Flordeliza has been reselling clothing and bags in the community of Naic, Cavite province in the Phillipines. Her income helps support her family including her one child.
With a loan from World Vision she will be able to buy additional stocks in bulk for a better profit. She dreams of improving her business so that it will become stable and more prosperous for her family. Any additional income will be for renovating her house.
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 Flordeliza Perea to expand her clothing and retail business. After receiving the loan from World Vision, she invested the $300 to buy additional inventory of clothing and bags. Flordeliza has been repaying her loan on time with her new profits. She makes weekly payments of $15.
In addition to repaying her loan, Flordeliza is using additional income to purchase food for the family and expand the current business. Flordeliza's child continues to study in school.
Thank you for supporting Flordeliza and World Vision Micro!
Thank you for supporting the small business loan for Flordeliza Perea to improve her clothing business. She invested her loan of $300 to buy additional inventory of clothing and bags.
Flordeliza has now repaid her loan in full.
In addition to repaying her loan, Flordeliza has used her income to purchase food for her family and expand the current business.
Flordeliza's child continues to study in school.
The loan Flordeliza received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Flordeliza hopes to improve her current business and take out another loan.
Thank you for your support of Flordeliza and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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