Redina Babor is from Mabinay, Negros oriental, Philippines. She has 5 children. She needs a loan of $175 to purchase ingredients for her food stand.
Redina Babor is from Mabinay, Negros oriental, Philippines. She has 5 children. She needs a loan of $175 to purchase ingredients for her food stand.
Redina is 35 years old and runs a small restaurant. She is seeking a loan from World Vision in order to expand her business. Specifically, this loan will help Redina purchase additional ingredients and new dishes. Redina hopes that the investment in her business will help her increase profits. The income from her restaurant supports her children's education and her family's daily needs.
Lastly, a handful of our entrepreneurs have unique businesses that do not fall into any of the above categories. In these cases, our entrepreneurs may see a need in their community and then their business idea is born. Approximately 7% of our loans fall into this final category.
Redina Babor is from Mabinay, Negros oriental, Philippines. She has 5 children. She needs a loan of $175 to purchase ingredients for her food stand.
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.
Redina Babor is from Mabinay, Negros oriental, Philippines. She has 5 children. She needs a loan of $175 to purchase ingredients for her food stand.
Redina used the loan to finance her restaurant and has expanded her business to include a small general store. She decided that this purpose provided a better business opportunity that will increase her income. Redina is loyal with the repayment terms and has a strong record. Thank you for supporting Redina and World Vision Micro!
Redina has become successful with her restaurant business and the profits made have provided the necessary needs to her family. She is looking forward to being successful with future business opportunities. Redina has repaid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting and World Vision Micro!
