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Erna is from Philippines. She needs a loan of $150 to purchase feed for the hogs.
Erna is from Philippines. She needs a loan of $150 to purchase feed for the hogs.
56 year old Erna started her hog raising business in 1989. She is also a rice and sugarcane farmer.
Erna is married with three grown children. She and her family live in Manjuyod, Negros Oriental.
She is hoping that with a loan from World Vision, she can stock her barn with an ample supply of hog feed. Through the loan, Erna hopes to be able to eventually make her barn bigger to expand the business. Any additional income will be used for food for the family, reinvestment in her business and savings.
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 Erna Narciso to expand her farming and livestock business where she raises hogs for a living. After receiving the loan from World Vision, she invested the $150 to purchase feed for the hogs. Erna has been repaying her loan on time with her new profits. She makes weekly payments of $9. In addition to repaying her loan, Erna is using additional income to purchase food for the family and expand the current business. Erna's 3 children continue to study in school. Thank you for supporting Erna and World Vision Micro!
Erna Narciso has successfully repaid her small business loan. She invested the $150 for her agriculture/animals business.
Thanks to the loan that she received, Erna was able to use the profits from her business to purchase food for her family and expand the current business. In the future, Erna aspires to earn enough to repair or expand their home and expand the current business.
Erna's 3 children continue to study in school. Because she was able to invest in her business, she will be able to invest in her family.
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 Erna and World Vision Micro
