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Theresa is from Philippines. She needs a loan of $250 to buy piglets and feed.
Theresa is from Philippines. She needs a loan of $250 to buy piglets and feed.
Theresa Sabanal lives in Bais, Negros Oriental with her family. To earn an income, she raises pigs.
Her three children (Vincent-16, Jeddah Mae-13 and Aniceto Jr-10) are precious to her. They encourage her to work hard and dream.
She requests a loan from World Vision to sustain her hog raising business. The loan will be used to buy pig feed and more piglets.
Any additional income she earns will be used for her children's education and potentially the investment of a second business.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
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.
Theresa used her loan to sustain her hog raising needs, for feed is expensive.
She plans to sell her grown pigs soon and buy new piglets to raise. She is grateful for World Vision loan.
Her loan payment is on-time.
Thank You for supporting Theresa and World Vision Micro!
Theresa was excited after selling her grown pigs. She owes her successful hog raising to her World Vision loan. She plans to buy more piglets in the coming days to again raise another profit for her families needs.
Her loan has been repaid in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Theresa and World Vision Micro!