Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Betty is from Philippines. She needs a loan of $100 to purchase hog feed and fertilizer .
Betty Pancho lives in the community of Mabinay, Negros Oriental where she raises hogs and also grows sugar cane for a living. Her main challenge right now is not having the money to purchase adequate hog feed and also fertilizer for the farm. She is asking for funding from World Vision to help sustain her businesses.
The funds she receives will be used to purchase a supply of hog feed to keep the hogs healthy until they are sold, and also much needed fertilizer for the sugar cane. This would ensure her of a good harvest and would help to increase her income.
Betty is married and has one adult son. The additional income would towards providing for the family's daily consumption and reinvesting into her businesses to make them even more successful.
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.
Thank you for supporting a small business loan for Betty to expand her farming and hog-raising business. After receiving the loan from World Vision, she invested the $100 by purchasing hog feed and fertilizer.
Betty has been repaying her loan on time with her new profits. She makes weekly payments of $6.
In addition to repaying her loan, Betty is using additional income to purchase food for the animals, purchase food for her family, and expand the current business. Betty's 1 child continue to study in school.
Thank you for supporting Betty and World Vision Micro!
Thank you for supporting the small business loan for Betty Pancho to improve her farming and livestock business. She invested her loan of $100 by buying hog feed and fertilizer.
Betty has now repaid her loan in full. In addition to repaying her loan, Betty has used her additional income to purchase food for the family and expand the current business. Betty's 1 child continue to study in school.
The loan Betty received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Betty hopes to repair or expand their home and expand the current business.
Thank you for your support of Betty and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.