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Fely Abrasaldo

Start Date: May 19, 2010

Fely Abrasaldo is from Bais, Negros oriental, Philippines. She needs a loan of $150 Buy additional merchandise.

Services
City:
Bais, Negros oriental
Community:
Mountain View ADP
Country:
Philippines
other entrepreneurs here Bais, Negros oriental, Philippines

Summary

Fely Abrasaldo is from Bais, Negros oriental, Philippines. She needs a loan of $150 Buy additional merchandise.

  • Top Goals Buy additional merchandise

Fely 's Story

Fely Abrasald runs a small sari-sari store in her village.

She plans to increase her income by expanding her business. She plans to use the loan to increase the diversity of merchandise she offers in her store. In this way, she hopes to attract more customers.

The additional income Fely earns will go to help support her family in paying for their daily needs. She also hopes to be able to afford to make a donation to support her church.

She is 53 years old.

Industry Info

In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.

Summary

Fely Abrasaldo is from Bais, Negros oriental, Philippines. She needs a loan of $150 Buy additional merchandise.

  • Top Goals Buy additional merchandise

Fely 's Community

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.

Summary

Fely Abrasaldo is from Bais, Negros oriental, Philippines. She needs a loan of $150 Buy additional merchandise.

  • Top Goals Buy additional merchandise

Fely 's Mid Term Update December 08, 2010

Fely

The money received was used in buying additional stocks for her general store.

She attracts more customers now because of the variety of items that she can offer.

She pays good on her loan. Thank you for supporting Fely and World Vision Micro!

Fely 's Final Update February 16, 2011

Fely

Fely has included selling fruits in her sari-sari store. She has helped fruit growers in their community by buying their produce.

She is now worry-free when bills arrive because from her profits, she can pay it on time.

Fely has repaid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Fely and World Vision Micro!

Total Amount
$150

Amount Raised To Date

$150
100%

Help Fely

5 Donors

  • Yoshio
    September 29, 2010
    Contributed to 0 other loans
  • Kathryn
    September 29, 2010
    Contributed to 0 other loans
  • Patrick
    September 29, 2010
    Contributed to 0 other loans
  • Oona
    September 29, 2010
    Contributed to 0 other loans
  • Penelope
    September 29, 2010
    Contributed to 1 other loans

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