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Imelda is from Philippines. She has 1 child. She needs a loan of $150 to buy ingredients.
Imelda is 42 years old and runs a small business selling homemade snacks. She lives in World Vision's Bohol 04-ll region in Philippines. Imelda has sold snacks in this area for more than 5 years.
Imelda also has a second business where she grows rice, coconuts and bananas. This second business provides a supplemental income which Imelda needs to support her family.
Imelda has requested a loan from World Vision to expand her business. With the loan, she would like to buy ingredients for the snacks she sells.
Imelda and her husband have a child who is currently studying in school. She also cares for 4 additional dependents in her home.
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.
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Thank you for partnering with World Vision Micro to provide Imelda Asilo with a small loan for her food business. Imelda used her loan of $150 to buy ingredients. She continues to make weekly payments of $6 on time.
With the profits she has earned from her growing business, Imelda is able to pay school fees, purchase food for the family and maintain or repair equipment.
Imelda's 1 child continues to study in school. Thanks to Imelda's hard work, she will be able to provide a brighter future for her 1 child.
Thank you for supporting Imelda's small business through World Vision Micro!