Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
Nilda is from Philippines. She has 2 children. She needs a loan of $300 to purchase merchandise for her store.
Nilda is from Philippines. She has 2 children. She needs a loan of $300 to purchase merchandise for her store.
Nilda Gonce lives in Española Palawan, Philippines. Nilda has two children; Joseph (23) and Jessa (16). She has been a Sari-sari store owner since 2009. Her Sari-sari store is the only source of income for her family. While Nilda would like to stock up her store with additional merchandise, she does not have the funds for purchasing any additional merchandise.
Nilda has requested a loan from World vision in order to restock her store and expand her business. Nilda is aware that when she receives a loan, she will be able to meet all of her neighbors’ needs. As a result, Nilda will be making more profits to support her family and to pay her children's education.
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.
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.
Thanks to the loan from World Vision, Mrs. Nilda Gonce is not only building up her business, but she is also benefiting from developing her own character and becoming a better person.
She's made sure that her profits are always being used for reinvestment into more merchandise for her store, so as to increase her future profits.
Being a responsible person with her commitments, she has been very good about repaying her loan.
Thank you for supporting Mrs. Gonce and World Vision Micro!
Mrs. Nilda Gonce's way of managing her store has improved dramatically. She's been able to reinvest her daily profits right back into the business.
Thanks to her diligent efforts, she's been able to completely pay off her loan.
Mrs. Gonce has repaid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Mrs. Gonce and World Vision Micro!
