Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Pacita is from Philippines. She needs a loan of $275 to increase inventory.
Pacita Rosales lives in Carmen, Cebu and has been selling cosmetics since 2009. She enjoys what she is doing, but would like to increase her profits. She is requesting funding from World Vision to add new cosmetic lines to her inventory as this would be a good way to increase her sales.
Pacita has 8 children, however only of them still lives at home. She would like to be able to help all of them to get an education. Her additional income would go towards that and also to her having a more comfortable house someday.
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.
By receiving this loan, Pacita was able to take advantage on products offered on sale. By stocking up when prices are low, she has been able to provide her customers products more quickly at a better price.
Because of the World Vision loan, she was able to buy both cosmetics and trendy items for her customers. Her increased sales have made it easier to pay her bills, and buy healthy food for her family.
She is repaying her loan on time.
Here is a picture of Pacita as she was in her cluster meeting for the final payment of her loan dues. She has successfully repaid her loan.
She also brought with her some brand new catalogs for her friends to buy items from her. She has been able to expand to carry catalogs with some higher priced items because she now has some money in savings. She is also able to respond on orders fast because of her additional savings.
Her loan has been paid in full. These loan funds are now being recycled to another eager entrepreneur in the same community.
Thank you for your support of Pacita and World Vision Micro!