Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Lucy is from Philippines. She needs a loan of $250 to buy piglets and feed.
Lucy Abrasado is from the town of Manjuyod, Negros Oriental. She manages a piggery for a living. She has applied for a loan to expand her piggery.
She has three children, ages 17, 15 and 13. Due to a lack of money, she finds it hard to send them to school. All of her income is used just in covering her children's basic needs.
With the additional income from a larger business, she will be able to provide enough food and other necessities for her family. She also plans to support the education of her children.
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.
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.
Lucy's loan was used to buy pig feed. Being low on feed is a common problem of hog raisers like herself.
She is thankful that World Vision has a heart to support small businesses like hers.
She is paying her loan dues on time.
Thank You for supporting Lucy and World Vision Micro!
Thank you for supporting the small business loan for Lucy Abrasado to improve her farming and livestock business. She invested her loan of $250 by buying piglets and feed.
Lucy has now repaid her loan in full. In addition to repaying her loan, Lucy has used her additional income to purchase food for the family and expand the current business. Lucy's 3 children continue to study in school.
The loan Lucy received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Lucy hopes to send children to school and expand the current business.
Thank you for your support of Lucy and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.