Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Susan is from Philippines. She needs a loan of $50 to buy additional merchandise for her store.
Susan Villacampa is married and a mother of two children: Renan (11) and Famela (8). She began a sari-sari store (convenience store) business in April 2008 because she wanted to help her husband meet the needs of their family.
With two children depending on her, Susan wants to double her income in order to supply their basic needs and to pay for their schooling. She believes that education is an important tool in attaining a more secure and productive future. However, Susan lacks the financial capital she needs to improve her business and restock her store.
With a loan from World Vision Susan will be able to buy additional merchandise for her store. By selling a larger quantity of products, she will be able to increase her customer base and generate more income. The additional profits will go towards the family's daily consumption, reinvestment in her business, paying bills, and saving for the future. Susan also plans to continue sending her children to school so that they can attain a higher education and have a brighter future.
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.
The community of Mountain View is located in a boot-shaped province on Negros Island in the Philippines. Home to Mt. Kanlaon, an active volcano, the area is rich with natural resources. With convenient access to a variety of markets, the community is emerging as a promising frontier for investors.
Economic activities revolve around agriculture, fishery, and forestry. Environmental degradation is a pressing concern. The region has been identified as one of the lowest income-earning areas in the country. Families struggle to acquire proper nutrients, and some do not have access to clean water. Malnutrition and disease are constant concerns. Families are hindered by poor road conditions, and many children drop out of school.
In Mountain View, World Vision has provided community members with key employment skills, including training in food processing and assistance in livestock rearing. We have also provided medical and housing assistance, supplemental food for malnourished children, fees and materials for children to attend school, and educational support for child laborers.
Thank you for supporting a small business loan for Susan Villacampa to expand her sari-sari store. After receiving the loan from World Vision, she invested the $50 to buy additional merchandise for her store.
Susan has been repaying her loan on time with her new profits. She makes weekly payments of $2.
In addition to repaying her loan, Susan is using additional income to pay school fees, purchase food for the family and expand the current business. Susan's two children continue to study in school.
Thank you for supporting Susan and World Vision Micro!
Thank you for supporting the business loan for Susan Villacampa to improve her food business. She invested her loan of $50 to buy additional merchandise for her store.
Susan has now repaid her loan in full.
In addition to repaying her loan, Susan has used her additional income to pay her children's school fees, purchase food for her family and expand the current business.
Susan's two children continue to study in school.
The loan Susan received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Susan hopes to send other children to school, improve her home and expand the current business.
Thank you for your support of Susan and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.