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Lydia is from Philippines. She needs a loan of $200 to purchase fertilizer and insecticides.
Lydia is 55 years old and runs a small business growing rice. She lives in World Vision's Bohol 04-ll region in the Philippines. Lydia has grown rice in this area for more than 5 years.
Lydia has requested a loan from World Vision to expand her business. She would like to purchase fertilizer and insecticides. This will help Lydia grow and sell more rice, which will increase her overall income.
She cares for 1 additional dependent in her home.
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.
There is no community update available at this time.
Thank you for empowering Lydia Tolaresa with the opportunity to expand her farming business. With the $200 loan Lydia was able to purchase fertilizer and insecticide.
Lydia is on her way to repaying her small business loan, as she makes weekly payments of $8. Thanks to the profits she has earned, Lydia can afford to purchase food for the family and expand the current business.
Thank you for supporting hardworking entrepreneurs like Lydia and World Vision Micro!