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Lanca M

Lanca is from Philippines. She needs a loan of $175 additional capital.

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

Summary

Lanca is from Philippines. She needs a loan of $175 additional capital.

  • Top Goals Additional capital
  • Dependants Helped 2

Lanca's Story

Lanca Mohammad operates a Sari-sari store in Bataraza, Palawan. She is 51 years old. In addition to this, she also sell fresh fish and makes dried fish for sale in the community.

One of her struggles is during rainy season which affects her dried-fish business. She cannot almost go on with her business due to limited capital. The loan would allow her to continue improving her business and increase the volume of her dried fish.

Any income will be for family's 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.

Lanca'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.

Lanca's Mid Term Update June 28, 2011

Lanca used her loan to replenish her sari-sari store with basic goods for her customers. This has helped her business grow. She also used some of the money for her dried-fish business.

Lanca is making her loan payments on time and is grateful for the support she has received.

Lanca's Final Update September 06, 2011

Lanca

Lanca has persevered however she still has a long way to go. With her loan she has made some improvements in her Sari-sari store business as well as her dried-fish production. Her businesses are growing.

She has paid her loan in full, 100%. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Lanca and World Vision MIcro!

Total Amount
$175

Amount raised

$175
$175
100%

Help Lanca

3 Donors

  • Lisa
    April 17, 2011
    Contributed to 24 other loans
  • Nathan
    April 17, 2011
    Contributed to 5 other loans
  • Susan
    April 19, 2011
    Contributed to 55 other loans

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