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Leonarda is from Philippines. She needs a loan of $475 additional capital.
Leonarda is from Philippines. She needs a loan of $475 additional capital.
Leonarda Villarba is a resident of Carmen, Cebu. She is 70 years old and has operated a Sari-sari store since 1984. She loves running her store and wants to make it even more successful. Having lots of items to offer her customers will increase her business and also make her customers happy. She is asking for funding from World Vision to purchase noodles, soft drinks, rice, canned goods and vegetables.
Although all of her children are grown, she still wants to work to support herself and not be burden to her children. The increased income would go towards renovating her home, reinvesting into her store and also saving for future when she has to stop working. She would also like to be able to help her children and support their families if they need the help.
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.
Leonarda works with a renewed vigor despite her age.
The loan she received has helped her in a big way, making her store look bigger and its profit is even better this time.
She is paying her loan on schedule. Thank you from Leonarda and World Vision Micro!
Thank you for supporting the small business loan for Leonarda Villarba to improve her food,retail and livestock business. She invested her loan of $475 by buying additional resources for her business.
Leonarda has now repaid her loan in full. In addition to repaying her loan, Leonarda has used her additional income to purchase food for the family and expand the current business. Leonarda's 2 children continue to study in school.
The loan Leonarda received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Leonarda hopes to repair or expand their home and expand the current business.
Thank you for your support of Leonarda and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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