Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
Iluminada is from Philippines. She has 4 children. She needs a loan of $575 to purchase additional store merchandise.
Iluminada is from Philippines. She has 4 children. She needs a loan of $575 to purchase additional store merchandise.
Illuminada is a 65 year old woman who resides in Old Camp, Brookes Point, Palawan, and operates a sari-sari store to support herself and her family. Although Illuminada has operated the store for the last 18 years, she has not been able to sell enough to adequately provide for her family, because she does not have the capital to invest in sufficient amounts of inventory.
With a loan from World Vision, she will be able to purchase more merchandise to sell in her store and make more money to provide a better life for her family. With the extra income she can afford to buy gasoline for her fishing boats, meet her family’s daily needs and pay tuition for Jessabel, her youngest child, to attend IT school.
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 Iluminada Porazo to expand her sari-sari store.
After receiving the loan from World Vision, she invested the $575 to purchase additional store merchandise.
Iluminada has been repaying her loan on time with her new profits. She makes weekly payments of $28.
In addition to repaying her loan, Iluminada is using additional income to purchase food for the family, buy supplies in bulk, and expand the current business. Iluminada's 4 children continue to study in school.
Thank you for supporting Iluminada and World Vision Micro!
Thank you for supporting the small business loan for Iluminada Porazo to improve her retail and grocery business. She invested her loan of $575 to purchase additional store merchandise.
Iluminada has now repaid her loan in full. In addition to repaying her loan, Iluminada has used her additional income to purchase food for the family, buy supplies in bulk, and expand the current business. Iluminada's 4 children continue to study in school.
The loan Iluminada received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Iluminada hopes to repair or expand their home and expand the current business. Thank you for your support of Iluminada and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
