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Anecita is from Philippines. She needs a loan of $100 to purchase supplies .
Anecita is from Philippines. She needs a loan of $100 to purchase supplies .
Anecita Melendres is from Brgy. Alejos in Bato, Leyte. Since 2007 she has operated a food vending business to help meet the needs of her family. She makes Biko, a sweetened glutinous rice mixed with brown sugar and coconut milk, and also Budbods, a slightly sweet sticky rice wrapped in banana leaves. She is needing to increase her sales and is asking for funding from World Vision to help, as she does not have the funds to invest into her business.
The funds would be used to purchase ingredients so that she can cook more snack foods. With more of a variety, and more quantities available to sale, she is certain that she will be able to increase her sales. This would increase her income and allow her to better provide for her family.
Anecita has five children: Blas Jr.-8, Joyce-11, Leo-12, Aldrin-17 and Blannie Jay-19. All of her income goes towards providing for their daily needs. The additional income would improve their living conditions, provide adequate food for the family and also pay for schooling.
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.
Thank you for supporting a small business loan for Anecita Melendres to expand her food vending business.
After receiving the loan from World Vision, she invested the $100 by buying more ingredients supplies.
Anecita has been repaying her loan on time with her new profits. She makes weekly payments of $5 in the Omega.
In addition to repaying her loan, Anecita is using additional income to pay school fees and purchase food for the family. Anecita's 5 children continue to study in school.
Thank you for supporting Anecita and World Vision Micro!
Thank you for supporting the small business loan for Anecita Melendres to improve her food business.
Anecita has now repaid her loan in full. In addition to repaying her loan, Anecita has used her additional income to pay school fees and purchase food for the family and expand the current business. Anecita's 5 children continue to study in school.
The loan Anecita received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Anecita hopes to send children to school and repair or expand their home and expand the current business.
Thank you for your support of Anecita and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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