Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
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Rosalina is from Philippines. She needs a loan of $350 to purchase more feed and merchandise .
Rosalina is from Philippines. She needs a loan of $350 to purchase more feed and merchandise .
Rosalina Milano is a 59 year old mother of four grown children, who lives with her family in Hilongos, Leyte. Rosalina works hard at raising hogs and maintaining her sari-sari store, (convenience store) to help provide for her family. At this time Rosalina lacks the funds needed to purchase more merchandise for her store and hog feed to continue with both businesses.
With a loan from World Vision, Rosalina will be able to purchase more merchandise for her store and hog feed. Because of the loan, she'll be able to grow healthy hogs and attract new customers for her store. She'll be able to grow her businesses and increase her income. With the additional income, Rosalina will be able to provide for her family's daily needs and reinvest in her businesses.
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 Rosalina Milano to expand her farming and retail business where she raises and sells hogs. After receiving the loan from World Vision, she invested the $350 to purchase more feed and merchandise for her store.
Rosalina has been repaying her loan on time with her new profits. She makes weekly payments of $17.
In addition to repaying her loan, Rosalina is using additional income to purchase food for the family and expand the current business. Rosalina's four children continue to study in school.
Thank you for supporting Rosalina and World Vision Micro!
Rosalina Milano has successfully repaid her small business loan. She invested the $350 for her agriculture/animals business.
Thanks to the loan that she received, Rosalina was able to use the profits from her business to purchase food for her family. In the future, Rosalina aspires to earn enough to expand the current business and take out another loan.
Rosalina's four 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 Rosalina through World Vision Micro. These funds are now available to help other entrepreneurs in Rosalina’s community.
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