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Fe is from Philippines. She needs a loan of $150 to purchase additional merchandise.
Fe is from Philippines. She needs a loan of $150 to purchase additional merchandise.
Fe is a mother of six children with three who still depend on her (ages 19, 8, and 7). She has owned a sari-sari store (convenience store) since 1995 and this had been her business while raising her six children. Fe would like to buy more merchandise to restock her store and refill her shelves, but due to financial constraints, she is unable to do so.
With a loan from World Vision Fe will be able to buy boxes of canned goods, noodles, eggs, toiletries and seasonings. She believes that by stocking her store with different goods, she can attract more customers and generate more profits. The additional income will go towards her children's education and the family's daily consumption.
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.
World Vision began working with the people of the Philippines in Manila in 1954. Childcare projects began shortly thereafter to help fund orphanages and daycare centers, health-care programs, educational assistance, hygiene, and spiritual enrichment projects. The Good Shepherd’s Fold Orphanage Project provided a gas stove, 600 reference books, musical instruments, vegetable seeds, and 3,000 textbooks to children on the island of Guimaras.
From 1960 to 1969, sponsorship continued to grow with the addition of the Mercyville orphanage in the village of Polonulig on the island of Mindanao. In addition, the Philippines Medical Boat Mission Project ministered to suffering people in remote, sea-locked villages. Medical and
evangelical teams provided health care through two- and three-day clinics in churches and homes.
World Vision opened the Manila office in 1972. Staff sought to improve communities and continued sharing the message of the Gospel. By the end of the decade World Vision sponsored 29,750 children. Community development projects provided a comprehensive approach to integrate
development among the small islands, which typically have few resources and are inaccessible during rough seas. Projects there sought to promote fishing, health care, sanitation, and education. The Ilin Island Fishing Project benefited 600 people by promoting self-sufficiency through agricultural production, increased fishing harvests, and improved water supplies.
Thank you for supporting a small business loan for Fe Roble to expand her food and retail business. After receiving the loan from World Vision, she invested the $150 to purchase additional merchandise. Fe has been repaying her loan on time with her new profits. She makes weekly payments of $7.
In addition to repaying her loan, Fe is using additional income to pay school fees, purchase food for the family and expand the current business. Fe's 6 children continue to study in school.
Thank you for supporting Fe and World Vision Micro!
Fe Roble has successfully repaid her small business loan. She invested the $150 for her retail business.
Thanks to the loan that she received, Fe was able to use the profits from her business to purchase food for her family and improve her current business. In the future, Fe aspires to earn enough to expand the business and take out another loan.
Fe'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 Fe through World Vision Micro. These funds are now available to help other entrepreneurs in Fe’s community.