Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Lucia is from Philippines. She has 10 children. She needs a loan of $275 to expand her inventory.
Lucia Jundis is a resident of Brgy. Lunang, Hilongos, Leyte where she sells fresh fish and also snack foods like suman, a rice cake wrapped in banana or palm leaves. She struggles just to meet her family's needs and is wanting to increase her income. Her plan is to add more different types of fish and snack foods to offer her customers. This would increase her sales and give her a better income.
The challenge she faces is not have the capital to invest into her businesses. Lucia is asking for funding from World Vision to help her. The funds would be used to purchase more fish and new types of snack foods to offer to her customers.
Lucia is 58 years old, is married and has ten children to support. Her current income sometimes is not even enough to provide for their daily needs. The extra income would improve their living conditions and provide funds to pay school fees.
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.
The community of Omega, located in the Southern Leyte province of the Philippines, is home to a large population of farmers and fishermen. On average, 11 of the Philippines’ approximately 24 annual typhoons affect this area. Along with poor farming and fishing practices, this contributes to the depletion of natural resources, which affects economic prosperity. Farmers mainly grow rice, coconut, and sugar cane. Fruit and vegetable production is limited, and many families struggle to find sufficient nutrients.
Nearly 50 percent of the area’s residents live in poverty. As a result of economic struggles, many children drop out of school and seek work in places such as the sugar cane fields or urban areas. These children often face exploitation and abuse.
In Omega, World Vision is helping community members create a more sustainable future by providing training in livestock raising and fertilizer production, distributing small loans, and developing businesses. We are also educating families about child rights and operating children’s associations.
Lucia used her loan to purchase additional ingredients for suman like cassava, sweet potato, and coconut. She also bought more fresh fish. Her income is increasing. Lucia is making her loan payments on time.
Lucia's food business continues to earn a profit. She is paying the school fees for her 10 children and providing more nutritious food for her family. She continues to reinvest in her business by purchasing supplies in bulk. Lucia is grateful for the opportunity to improve her family's life.
Lucia was able to buy a big bicycle from her profits. It helps in transporting her products and crops.
Her loan is paid in full. These funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Lucia and World Vision Micro!