Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Glenda is from Philippines. She has 4 children. She needs a loan of $125 to purchase ingredients to prepare snack foods.
Glenda supports her family by preparing and selling snack foods. She would like to expand her business to make it more profitable and sustainable, so she can improve living conditions for her family.
With a loan from World Vision, Glenda plans to purchase ingredients for preparing her snacks such as cooking oil, flour, seasoning, fish balls and squid balls. With the additional income Glenda will earn from this business expansion, she will be able to provide nutritious food and pay school fees for her four young children. In the future, Glenda plans to continue to invest in and improve her business.
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.
Thank you for supporting a small business loan for Glenda Into to expand her snack food business. After receiving the loan from World Vision, she invested the $125 by buying ingredients to prepare snack foods.
Glenda has been repaying her loan on time with her new profits. She makes weekly payments of $6.
In addition to repaying her loan, Glenda is using additional income to pay school fees, purchase food for her family, and buy supplies in bulk. Glenda's 4 children continue to study in school.
Thank you for supporting Glenda and World Vision Micro!
Thank you for supporting the small business loan for Glenda Into to improve her food and retail business. She invested her loan of $125 to purchase ingredients to prepare snack foods.
Glenda has now repaid her loan in full. In addition to repaying her loan, Glenda has used her additional income to pay school fees, purchase food for her family, and expand her current business. Glenda's 4 children continue to study in school.
The loan Glenda received helped her business expand, and the profits she is now earning create lasting improvements in her life. In the future, Glenda hopes to send her children to school, repair or expand her home, and expand her current business.
Glenda 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 Glenda and World Vision Micro!