Lightbox_close_button

Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.

READ MORE…

This loan is fully funded. Search for similar loans.

Milagros S

Milagros is from Philippines. She has 6 children. She needs a loan of $600 to buy fertilizer and more fish.

Agriculture/Animals
Community:
Tabod It Arap
Country:
Philippines
other entrepreneurs here Philippines

Summary

Milagros is from Philippines. She has 6 children. She needs a loan of $600 to buy fertilizer and more fish.

  • Top Goals To buy fertilizer and more fish
  • Children Helped 6

Milagros's Story

Milagros Sadang lives in Brookes Point, Palawan in the Philippines. She is 67 years old, but is not slowing down at all when it comes to finding ways to make a living. She is currently working as a farmer and operating a dried fish business.

Milagros is requesting a loan to sustain her businesses. She plans to buy fertilizer for her farm. For her fish drying business, she needs to buy more fish to process and dry to meet her customers' orders. She uses her income to provide for her family's daily needs, to save for the future, and to reinvest into her businesses.

Download PDF

Industry Info

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.

Milagros's Community

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.

Milagros's Mid Term Update May 05, 2012

Thank you for supporting a small business loan for Milagros Sadang to expand her farming and retail business where she makes dried fish.

After receiving the loan from World Vision, she invested the $600 to buy fertilizer and more fish.

Milagros has been repaying her loan on time with her new profits. She makes weekly payments of $30.

In addition to repaying her loan, Milagros is using additional income to purchase food for the family, purchase fertilizer, and expand the current business. Milagros's 6 children continue to study in school.

Thank you for supporting Milagros and World Vision Micro!

Milagros's Final Update July 14, 2012

Milagros

Thank you for supporting the small business loan for Milagros Sadang to improve her farming and retail business. She invested her loan of $600 to buy fertilizer and fish.

Milagros has now repaid her loan in full. In addition to repaying her loan, Milagros has used her additional income to purchase food for the family and expand the current business. Milagros's 6 children continue to study in school.

The loan Milagros received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Milagros hopes to repair or expand their home and expand the current business.

Thank you for your support of Milagros and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$600

Amount raised

$600
$600
100%

Help Milagros

1 Donors

  • Donna
    February 25, 2012
    Contributed to 169 other loans

Similar Opportunities