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Fenny A

Fenny is from Indonesia. She needs a loan of $150 to purchase clothes to sell.

Commerce
Community:
Surabaya 2
Country:
Indonesia
other entrepreneurs here Indonesia

Summary

Fenny is from Indonesia. She needs a loan of $150 to purchase clothes to sell.

  • Top Goals To purchase clothes to sell

Fenny's Story

Fenny lives and works in Surabaya, Indonesia. She sells clothes to make a living. She would like to grow her business and buy more clothes at wholesale prices. However, she does not have the money to make additional purchases.

A loan from World Vision is going to enable Fenny to buy more clothes at wholesale prices. This will allow her to increase her business and her income. Her profits will allow her to continue improving and expanding her business.

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Industry Info

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.

Fenny's Community

World Vision began working with the people of Indonesia in 1957, when we hosted a pastors conference. In 1961, a childcare program opened to help orphans and refugee children. By 1967 the program grew to assist some 2,000 children. During the 1970s, World Vision donors sponsored more than 8,000 children, and community development work began in several areas. Today, U.S. sponsors alone support 20,000 children in six community development areas, including Surabaya.

Ministry of Education data shows that many children living in the slums of Surabaya are not attending school. Surveys also found that high numbers of infants die from preventable diseases such as pneumonia and diarrhea. This community has schools and health clinics, but the most common factor preventing access is poverty. Families can’t afford school fees and materials, or the cost of clinic visits and medicines. To address these issues, World Vision and community members have determined that improved income opportunities and health and education projects are critical. Community instruction on the importance of child rights and education also were deemed vital to community success.

World Vision began working alongside families in the slums of Surabaya in 2000, and programs designed to provide lasting, holistic, community development are directly targeting approximately 2,045 sponsored children and their families.

Fenny's Mid Term Update October 06, 2012

Thank you for supporting a small business loan for Fenny Anggiesaputri to expand her clothing and retail business. After receiving the loan from World Vision, she invested the $150 to purchase clothes to sell. Fenny has been repaying her loan on time with her new profits. She makes weekly payments of $6.

In addition to repaying her loan, Fenny is using additional income to purchase food for the family, buy supplies in bulk, and pay for transportation.

Thank you for supporting Fenny and World Vision Micro!

Total Amount
$150

Amount raised

$150
$150
100%

Help Fenny

1 Donors

  • Kelly
    July 14, 2012
    Contributed to 34 other loans

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