Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Betty is from Philippines. She has 3 children. She needs a loan of $125 to buy fertilizer.
Betty Flores runs a small farm business. She lives in Bais Negros Oriental. She dreameds of improving her house and to expand her business. Through having a farm business, she finds convenience in attending all her family needs.
Due to a lack of money, she is undetermined if she will continue her business or not. The loan will help her continue her livelihood.
She has three children and she plans to help fund their education with the additional income that the loan will provide. In the future, she hopes to continue expanding her farm and to take advantage of other business opportunities.
Through her business, she could help her husband raise their family.
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.
When Betty applied for a loan through World Vision, she was not sure if it was really the wise thing to do. However, since receiving her loan, she has been able to purchase the fertilizer she needed to sustain her farm. She is very happy that, as a result, she can now provide for the needs of her children.
Betty is repaying her loan on time. Thank you for your support of Betty and World Vision Micro!
Betty's loan has paved way the way to an abundant harvest from her rice fields. Her income has provided her family better food and enough profits to reinvest in the same business.
Her loan has been repaid in full, 100%. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Betty and World Vision Micro!