Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Glohen is from Philippines. He has 3 children. He needs a loan of $250 to buy feed.
Glohen Mosqueda raises hogs for sale. He uses the money that he earns to provide for his family. He is married with three young children ages 3, 8 and 14. He has great plans for his children's future, but he knows that he needs to make his business more profitable to make it possible for him to support them.
Glohen is requesting a loan to use to buy hog feed and supplements. He will use the income from the sale of the healthier, fatter hogs to provide for his family's daily needs and for his children's education. He hopes to find additional business opportunities.
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 Glohen Mosqueda to expand his farming and livestock business, where he raises hogs to sell. After receiving the loan from World Vision, he invested the $250 to buy feed.
Glohen has been repaying his loan on time with his new profits. He makes weekly payments of $15. In addition to repaying his loan, Glohen is using his additional income to pay school fees, purchase food for his family, and expand the current business.
Glohen's 3 children continue to study in school. He is working hard to pay off his loan so that he can eventually repair or expand his home and continue to expand his business.
Thank you for supporting Glohen and World Vision Micro!
Thank you for supporting the small business loan for Glohen Mosqueda to improve his farming and livestock business. He invested his loan of $250 to buy feed.
Glohen has now repaid his loan in full. In addition to repaying his loan, Glohen has used his additional income to pay school fees, purchase food for his family, and expand the current business. Glohen's 3 children continue to study in school.
The loan Glohen received helped his business expand, and the profits he is now earning create lasting improvements in his life. In the future, Glohen hopes to continue to send his children to school, repair or expand their home, and expand the current business.
Glohen has repaid his loan in full, 100%. These loan funds are now available to help another worthy entrepreneur in his community. Thank you for supporting Glohen and World Vision Micro!