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Mesalina is from Philippines. She has 6 children. She needs a loan of $200 to purchase fertilizer and rent a tractor .
Mesalina is from Philippines. She has 6 children. She needs a loan of $200 to purchase fertilizer and rent a tractor .
Mesalina Booc is a mother of six children, she lives with her family in Hindang, Leyte Philippines. Mesalina works very hard as a local rice farmer to help provide for her family. At this time Mesalina lacks the funds needed to purchase fertilizer and rent a tractor, to help her cultivate and grow her farmland.
With a loan from World Vision, Mesalina will be able to purchase more fertilizer and rent a tractor for her farmland. Because of the loan, she'll be able to grow healthy crops of rice to sell for profit. Mesalina will be able to grow her business and increase her income. With the additional income, Mesalina will be able to provide for her family's daily needs, pay for her children's education and reinvest in her rice farming business.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
The community of Omega, located in the Southern Leyte province of the Philippines, is home to a large population of farmers and fishermen. On average, 11 of the Philippines’ approximately 24 annual typhoons affect this area. Along with poor farming and fishing practices, this contributes to the depletion of natural resources, which affects economic prosperity. Farmers mainly grow rice, coconut, and sugar cane. Fruit and vegetable production is limited, and many families struggle to find sufficient nutrients.
Nearly 50 percent of the area’s residents live in poverty. As a result of economic struggles, many children drop out of school and seek work in places such as the sugar cane fields or urban areas. These children often face exploitation and abuse.
In Omega, World Vision is helping community members create a more sustainable future by providing training in livestock raising and fertilizer production, distributing small loans, and developing businesses. We are also educating families about child rights and operating children’s associations.
Thank you for supporting a small business loan for Mesalina Booc to expand her farming business. After receiving the loan from World Vision, she invested the $200 to purchase fertilizer and rent a tractor. Mesalina has been repaying her loan on time with her new profits. She makes weekly payments of $10.
In addition to repaying her loan, Mesalina is using additional income to pay school fees, purchase fertilizer and expand the current business. Mesalina's 6 children continue to study in school.
Thank you for supporting Mesalina and World Vision Micro!
Mesalina Booc has successfully repaid her small business loan. She invested the $200 for her agriculture/animals business.
Thanks to the loan that she received, Mesalina was able to use the profits from her business to purchase food for her family. In the future, Mesalina aspires to earn enough to expand her business and take out another loan.
Mesalina's six children continue to study in school. Because she was able to invest in her business, she will be able to invest in her family.
Thank you for investing in the power of hardworking people like Mesalina through World Vision Micro. These funds are now available to help other entrepreneurs in Mesalina’s community.
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