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Alma is from Philippines. She needs a loan of $250 to purchase feed.
Alma is from Philippines. She needs a loan of $250 to purchase feed.
Alma resides in the Negros Oriental province of the Philippines. To support her family, Alma has a business raising pigs. She wants to expand her business to improve it and make it more sustainable. Alma knows that with a more profitable business, she could improve living conditions for her family, however she lacks the capital to invest.
With a loan from World Vision, Alma plans to purchase feed for her animals. With the additional income she earns from this improvement, Alma will reinvest in her business to help it continue to grow. She will be able to provide her family’s daily necessities and to make needed renovations on her house. Alma is thirty seven years old, and has five children, ages 3 to 19.
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.
The community of Mountain View is located in a boot-shaped province on Negros Island in the Philippines. Home to Mt. Kanlaon, an active volcano, the area is rich with natural resources. With convenient access to a variety of markets, the community is emerging as a promising frontier for investors.
Economic activities revolve around agriculture, fishery, and forestry. Environmental degradation is a pressing concern. The region has been identified as one of the lowest income-earning areas in the country. Families struggle to acquire proper nutrients, and some do not have access to clean water. Malnutrition and disease are constant concerns. Families are hindered by poor road conditions, and many children drop out of school.
In Mountain View, World Vision has provided community members with key employment skills, including training in food processing and assistance in livestock rearing. We have also provided medical and housing assistance, supplemental food for malnourished children, fees and materials for children to attend school, and educational support for child laborers.
Alma used her loan to purchase enough hog feed for her hogs. She is thankful for the opportunity to grow her business and help meet her family's daily needs. Alma has a solid repayment record.
Alma's business is doing well. Her fattened hogs were sold for a profit and the income was used to buy food for her family and pay for school fees.
Her loan has been repaid in full. These funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Alma and World Vision Micro!
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