Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Virginia is from Philippines. She needs a loan of $125 to buy fertilizer.
Virginia Dano is a farmer from Bindoy, Negros Oriental in the Philippines. She has been farming rice, sugar cane and bananas since 1992. She has one adult son, Virjun, who is 21 years old.
Virginia wants to make the most out of her business. With a loan from World Vision, she will buy fertilizer for her farm. This will giver her healthy crops and allow the farm to produce a better yield. Her increased income will be used to provide for her family's daily needs and to renovate their home.
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 Virginia Dano to expand her farming and food business. After receiving the loan from World Vision, she invested the $125 by buying fertilizer.
Virginia has been repaying her loan on time with her new profits. She makes weekly payments of $7.
In addition to repaying her loan, Virginia is using additional income to purchase food for the family and expand the current business. Virginia's child continues to study in school.
Thank you for supporting Virginia and World Vision Micro!
Thank you for supporting the small business loan for Virginia Dano to improve her farming and food business. She invested her loan of $125 to buy fertilizer.
Virginia has now repaid her loan in full. In addition to repaying her loan, Virginia has used her additional income to purchase food for the family and expand the current business. Virginia's 1 child continues to study in school.
The loan Virginia received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Virginia hopes to repair or expand her home and expand the current business.
Thank you for your support of Virginia and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.