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Lucy A

Lucy is from Philippines. She needs a loan of $250 to buy piglets and feed.

Other
Community:
Mountain View ADP
Country:
Philippines
other entrepreneurs here Philippines

Summary

Lucy is from Philippines. She needs a loan of $250 to buy piglets and feed.

  • Top Goals To buy piglets and feed
  • Dependants Helped 3

Lucy's Story

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.

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Industry Info

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.

Lucy's Community

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 Mid Term Update August 22, 2011

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!

Lucy's Final Update October 31, 2011

Lucy

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.

Total Amount
$250

Amount raised

$250
$250
100%

Help Lucy

6 Donors

  • Jo
    May 24, 2011
    Contributed to 20 other loans
  • Mary
    May 25, 2011
    Contributed to 8 other loans
  • Cindy L
    June 06, 2011
    Contributed to 13 other loans
  • Greg
    June 10, 2011
    Contributed to 59 other loans
  • Lorraine
    June 11, 2011
    Contributed to 1 other loans
  • Kristina
    June 12, 2011
    Contributed to 4 other loans