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Francisca is from Philippines. She has 5 children. She needs a loan of $200 to purchase hog feed and fertilizer.
Francisca is from Philippines. She has 5 children. She needs a loan of $200 to purchase hog feed and fertilizer.
Francisca Tepacia raises hogs in the town of Bindoy, Negros Oriental. She is also a rice farmer. She started this business in April, 2011. She would like to expand her business and become more profitable. However, she lacks capital to buy farming inputs, like fertilizer and feed.
With a World Vision micro loan she will buy feed and fertilizer for her hogs.
Francisca's profit will be for her three dependants: Roderick-17, Roselyn-11 and Ronamia-10.
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 Francisca Tepacia to expand her livestock and farming business.
After receiving the loan from World Vision, she invested the $200 to purchase hog feed and fertilizer.
Francisca has been repaying her loan on time with her new profits. She makes weekly payments of $12.
In addition to repaying her loan, Francisca is using additional income to purchase food for the animals, pay school fees, and purchase food for the family. Francisca's 5 children continue to study in school.
Thank you for supporting Francisca and World Vision Micro!
Thank you for supporting the small business loan for Francisca Tepacia to improve her livestock business. She invested her loan of $200 to purchase hog feed and fertilizer.
Francisca has now repaid her loan in full. In addition to repaying her loan, Francisca has used her additional income to pay school fees, purchase food for the family, and expand the current business. Francisca's 5 children continue to study in school.
The loan Francisca received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Francisca hopes to continue to send her children to school and expand the current business.
Her loan has been repaid in full, 100%. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Francisca and World Vision Micro!
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