Eden Caranay is from Mabinay, Negros Oriental, Philippines. He needs a loan of $100 Piglets and feed.
Eden Caranay is from Mabinay, Negros Oriental, Philippines. He needs a loan of $100 Piglets and feed.
Eden Caranay, 29 years old is a pig farmer. His small piggery is situated near his house so that he could easily monitor his pigs day and night. His family relies on the profit he makes from raising pigs. He is still helping his parents. He would like to request a loan from World Vision. If ever he gets a loan, he will be able to buy additional piglets and sell more pigs. The loan will not just give him employment but opportunity to save money for his future family.
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.
Eden Caranay is from Mabinay, Negros Oriental, Philippines. He needs a loan of $100 Piglets and feed.
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.
Eden Caranay is from Mabinay, Negros Oriental, Philippines. He needs a loan of $100 Piglets and feed.
Eden Caranay had financial difficulties supporting his piggery business. The loan helped in buying two piglets and sacks of feed. Now he is able to sustain his business which he relies on for his family's income. He is no longer worried about money and has hope for the future.
Eden was a pig farmer who used his loan to expand his business. He was making a profit but then was forced to sell his piggery to help meet his parents' needs.
Despite the fact that World Vision boasts a 98.7% repayment rate, there will always be some loans that do not get fully repaid. While World Vision does everything it can to ensure that this does not happen, it is an unfortunate reality that must be recognized when providing loans to less fortunate populations.
We regret to inform you that Eden has defaulted on his loan but hope you will continue to support him by praying for his business and family. Once again, thank you for supporting World Vision Micro.
