Milagros Leones is from Bais, Negros Occidental, Philippines. She has 4 children. She needs a loan of $1,475 to buy additional merchandise.
Milagros Leones is from Bais, Negros Occidental, Philippines. She has 4 children. She needs a loan of $1,475 to buy additional merchandise.
Milagros manages a small store selling clothes, caps and other ready-to-wear products. She has gone a long way in her business since she started it in 1983.
She needs a loan to purchase additional merchandise to sell and to help sustain her livelihood.
Her earnings help to provide her whole family's needs. Her income was used to buy food, clothing and pay the schools and other bills in their home. Her dream is to be successful in all her endeavors because what she is doing is for her family.
Milagros Leones is a hard working mother of four children.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.
Milagros Leones is from Bais, Negros Occidental, Philippines. She has 4 children. She needs a loan of $1,475 to buy additional merchandise.
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.
Milagros Leones is from Bais, Negros Occidental, Philippines. She has 4 children. She needs a loan of $1,475 to buy additional merchandise.
Milagros has utilized her loan in buying additional clothes, like pants and t-shirts. She sold them in the flea market and used the income from her business to send her children to school. Milagros would like to give thanks to the donors for funding her loan. She now continually sells clothes in order to benefit her family.
Milagros operated a clothing store. She used her loan to buy additional items of clothing. Her business looked attractive and she was able to increase her profit and continue to send her children to school. But for unknown reasons Milgaros has left her business.
Despite the fact that World Vision boasts a 98.7% repayment rate, there will always be some loans that do not get fully repaid. While World Vision does everything it can to ensure that this does not happen, it is an unfortunate reality that must be recognized when providing loans to less fortunate populations.
We regret to inform you that Milagros has defaulted on her loan but hope you will continue to support her by praying for her business and family. Once again, thank you for supporting World Vision Micro.
