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Mutingah is from Indonesia. She has 9 children. She needs a loan of $125 to purchase a stall for business .
Mutingah is from Indonesia. She has 9 children. She needs a loan of $125 to purchase a stall for business .
Mutingah is a mother of nine children, she lives with her family in Susukan 2. Mutingah works very hard selling soybean milk to customers within her local community, to help earn a living for her family. At this time Mutingah lacks the funds needed to purchase a stall to sell her soybean milk from.
With a loan from World Vision, Mutingah will be able to purchase a stall for her soybean milk business. Because of the stall, Mutingah will also be able to operate her business in the rainy season. She'll also be able to grow her business, gain new customers and increase her income. With the additional income, Mutingah will be able to provide for her family's daily needs and pay for her children's education.
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.
There is no community update available at this time.
Thank you for supporting a small business loan for Mutingah to expand her food and retail business. After receiving the loan from World Vision, she invested the $125 to purchase a stall for business. Mutingah has been repaying her loan on time with her new profits. She makes weekly payments of $5.
In addition to repaying her loan, Mutingah is using additional income to pay school fees and purchase food for the family. Mutingah's 9 children continue to study in school.
Thank you for supporting Mutingah and World Vision Micro!
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