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Sarah is from Philippines. She has 9 children. She needs a loan of $275 to purchase inventory.
Sarah is from Philippines. She has 9 children. She needs a loan of $275 to purchase inventory.
Sarah lives in Hilongos, Philippines near many rice farmers. Due to the amount of rice farmers near her land, she began a business to help support her family. She has nine children that range in age from 5 to 23 years old.
In 1990, Sarah began buying and selling the rice that are neighbors grew. She takes the grains to the buyers in the city; essentially becoming the middle man. Her family's needs have been sustained through the profits that she makes from this business.
The loan requested from Wrold Vision will be used to expand her business so that she can continue buying and selling the grains, just at a larger rate. Her income will be used for her children's education and family's daily expenses.
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.
Sarah's confidence grows with the loan from World Vision. She enjoys buying and selling grains and has become very successful what she is doing.
This has enhanced her earning potential and allowed her to buy more sacks from farmers.
Her repayment is always on-time and she is looking forward to paying back her full loan soon.
Sarah's life has changed for the better. Through the profit that she generated from her business, her family's basic needs have been met.
She has repaid her loan in full, 100%. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Sarah and World Vision Micro!