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Aida is from Philippines. She needs a loan of $100 to buy ready-to-wear items and dry goods to resell.
Aida is from Philippines. She needs a loan of $100 to buy ready-to-wear items and dry goods to resell.
Aida Jamito sells ready-to-wear items and dry goods and stores them in her own home. She started her business in 1990.
She needs a loan to buy dry goods to resell. Receiving a loan will also help her construct a small store to start selling dry goods in their home. She wishes someday to construct a permanent place where she could display all that she sells.
Aida has been married for 39 years. Her husband is also helping her in her business.
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.
Last week we visted Aida Jamito to ask for an update of her business and how did her World Vision loan help her business and family. She said that she has improved her capital in her ready-to wear product business. Aside from that, she had her old sewing machine repaired after the loan. She would like to thanks all the funders for supporting her loan request.
Aida Jamito continues in her tailoring business. She is very popular in her town because she sews nice dresses. She is considering a larger loan so that she could also start another business aside from sewing. When visited by staff she said that without the loan, she might have stopped sewing dresses.
This loan was repaid in full.
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