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Felicidad B

Felicidad is from Philippines. She needs a loan of $250 additional capital .

Commerce
Community:
Tabod It Arap ADP
Country:
Philippines
other entrepreneurs here Philippines

Summary

Felicidad is from Philippines. She needs a loan of $250 additional capital .

  • Top Goals Additional capital
  • Dependants Helped 3

Felicidad's Story

Since 1994, Felicidad Buen of Bataraza, Palawan has been engaged in the Sari-sari store business. She would like to expand her business to include some goods that sells the most on a daily basis.

To replenish her stocks, she is asking for a loan. It is her dream to see her business grow and sustain her family's needs.

Her income goes towards family daily consumption and reinvestment in the same business.

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Industry Info

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.

Felicidad's Community

World Vision began working with the people of the Philippines in Manila in 1954. Childcare projects began shortly thereafter to help fund orphanages and daycare centers, health-care programs, educational assistance, hygiene, and spiritual enrichment projects. The Good Shepherd’s Fold Orphanage Project provided a gas stove, 600 reference books, musical instruments, vegetable seeds, and 3,000 textbooks to children on the island of Guimaras.

From 1960 to 1969, sponsorship continued to grow with the addition of the Mercyville orphanage in the village of Polonulig on the island of Mindanao. In addition, the Philippines Medical Boat Mission Project ministered to suffering people in remote, sea-locked villages. Medical and
evangelical teams provided health care through two- and three-day clinics in churches and homes.

World Vision opened the Manila office in 1972. Staff sought to improve communities and continued sharing the message of the Gospel. By the end of the decade World Vision sponsored 29,750 children. Community development projects provided a comprehensive approach to integrate
development among the small islands, which typically have few resources and are inaccessible during rough seas. Projects there sought to promote fishing, health care, sanitation, and education. The Ilin Island Fishing Project benefited 600 people by promoting self-sufficiency through agricultural production, increased fishing harvests, and improved water supplies.

Felicidad's Mid Term Update July 11, 2011

Felicidad was excited when she received her loan. It has given her the chance to expand her business and display a variety of items for her store. She used to purchase additional merchandise for her store. She has a good repayment record. Thank you for supporting Felicidad and World Vision Micro!

Felicidad's Final Update September 19, 2011

Felicidad

Felicidad is grateful for the trust she received. It has really helped her. The loan has made it possible for her to make her business bigger and increase profitability. Her loan has been paid in full, 100%. These loan funds are now available to go towards helping another worthy entrepreneur in her community. Thank you for supporting Felicidad and World Vision Micro!

Total Amount
$250

Amount raised

$250
$250
100%

Help Felicidad

1 Donors

  • Kendal
    May 02, 2011
    Contributed to 34 other loans

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