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Roselia is from Philippines. She needs a loan of $300 to provide additional working capital.
Roselia is from Philippines. She needs a loan of $300 to provide additional working capital.
Roselia lives in Bataraza, Palawan, Philippines, where she has been a fruit vendor since 2009. She would like to have a bigger fruit stall in order to increase her sales and profits, but with five children to provide for, she has very limited funds with which she can grow her business.
A loan from World Vision will allow Roselia to expand her business to include seasoning, cooking oil, soy sauce, eggs, vinegar, coconut, onion garlic, salt and other items. She is confident that by stocking these additional items, she will be able to increase her sales and profitability.
The additional income will allow Roselia to better provide for her family's daily needs, as well as the education expenses for her five children.
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 Roselia Limpas to expand her food, retail and grocery business where she sells fruit. After receiving the loan from World Vision, she invested the $300 to increase her inventory.
Roselia has been repaying her loan on time with her new profits. She makes weekly payments of $15. In addition to repaying her loan, Roselia is using the additional income to pay school fees, purchase food for the family, and buy supplies in bulk. Roselia's 5 children continue to study in school.
Thank you for supporting Roselia and World Vision Micro!
Thank you for supporting the small business loan for Roselia Limpas to improve her food, retail and grocery business. She invested her loan of $300 to increase her inventory.
Roselia has now repaid her loan in full. In addition to repaying her loan, Roselia has used her additional income to purchase food for her family and expand the current business. Roselia's 5 children continue to study in school.
The loan Roselia received helped her business expand, and the profits she is now earning create lasting improvements in her life. In the future, Roselia hopes to continue to send her children to school and expand the current business.
Roselia 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 Roselia and World Vision Micro!
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