Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
.jpg?1338510505)
Belen is from Philippines. She has 5 children. She needs a loan of $300 to purchase fertilizer and rent a tractor.
Belen is from Philippines. She has 5 children. She needs a loan of $300 to purchase fertilizer and rent a tractor.
Belen Rallos is married and is a mother of five children: Arturo- 2 months, Arwin-3, Arline- 6, Arvin-10 and Edralin-13. Belen has been working hard as a rice farmer within her community, to help provide for her family. At this time, Belen lacks the funds needed to purchase more fertilizer and rent a tractor, to help maintain and cultivate her farmland.
With a loan from World Vision, Belen will be able to purchase fertilizer for her farmland and rent a tractor to help cultivate her farmland. Because of the loan, she'll be able to grow healthy crops of rice to sell for profit within her community, grow her business and increase her income. With the additional income, Belen will be able to provide for her family's daily needs, pay for her children's education and renovate her home.
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 Belen Rallos to expand her farming business. After receiving the loan from World Vision, she invested the $300 to purchase fertilizer and rent a tractor.
Belen has been repaying her loan on time with her new profits. She makes weekly payments of $15.
In addition to repaying her loan, Belen is using additional income to pay school fees, purchase food for the family and expand the current business. Belen's five children continue to study in school.
Thank you for supporting Belen and World Vision Micro!
Thank you for supporting the business loan for Belen Rallos to improve her farming business. She invested her loan of $300 to purchase fertilizer and rent a tractor.
Belen has now repaid her loan in full.
In addition to repaying her loan, Belen has used her income to pay her children's school fees, purchase food for her family and expand the current business.
Belen's five children continue to study in school.
The loan Belen received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Belen hopes to expand the business and take out another loan.
Thank you for your support of Belen and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
profile.JPG?1360745332)
