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Annabelle is from Philippines. She needs a loan of $100 Additional capital.
Annabelle is from Philippines. She needs a loan of $100 Additional capital.
39 year old Annabelle hails from Sundoan, Manjuyod in Negros Oriental. The place is close to the sea and offers livelihood to people through fishing and selling fish.
She is always busy trying to divide her time, looking after her 3 young children (aged 1, 6 and 10), checking on his father's health who has a hypertension and kidney problem, attending to her fish selling business and sari-sari store.
She is now requesting for a loan so she can buy more merchandise to resell in her store. She is also hoping, that through this loan, she can support daily medication of her father.
Eventually, she plans to have a better location for her fish so that it will be near her sari-sari store and she would not have to sell in every household.
Any income will be for her children's daily needs and medication of her father.
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.
Annabelle is running her Sari-Sari store and selling fish. With the help from the loan she received Annabelle was able to purchase more fish to sell. The profits from her increase in sales is helping her to purchase the medication she needs for her father. She is doing her best to take care of all her responsibilities.
She has been keeping a good loan repayment record. Thank you for supporting Annabelle and World Vision Micro!
Annabelle has been able to keep her business afloat due to the loan from World Vision. Her loan has been repaid in full! The loan funds are now available for another entrepreneur in her community. Thank you for supporting Annabelle and World Vision Micro!
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