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Pablito is from Philippines. He needs a loan of $250 to buy pig feed.
Pablito is from Philippines. He needs a loan of $250 to buy pig feed.
Pablito Bolongaita is 52 years old and started his piggery business in 1981. He lives in Ayungon, Negros Oriental, is married with two grown children. Pablito has worked hard all his life; he wants to continue to earn as much as he can from his piggery, so that he will not become a burden to his children.
Pablito’s piggery has been his main source of income for over thirty years, so taking good care of it is his primary goal. He is asking for a World Vison microloan in order to continue to buy hog feed routinely and in bulk for better prices. This will ensure that he not only brings healthy hogs to market, but that he will get greater profits and high customer satisfaction.
After repaying his loan, any income will be used for meeting Pablito's family's daily consumption and reinvestment in the piggery so he can save for his retirement.
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 Pablito Bolongaita to expand his livestock business where he raises pigs.
After receiving the loan from World Vision, he invested the $250 to buy pig feed.
Pablito has been repaying his loan on time with his new profits. He makes weekly payments of $15.
In addition to repaying his loan, Pablito is using additional income to purchase food for the family and expand the current business. Pablito's 2 children continue to study in school.
Thank you for supporting Pablito and World Vision Micro!
Thank you for supporting the small loan for Pablito Bolongaita to improve his livestock business. He invested his loan of $250 to buy pig feed.
Pablito has now repaid his loan in full. In addition to repaying his loan, Pablito has used his additional income to purchase food for the family and expand his current business.
Pablito's 2 children continue to study in school.
The loan Pablito received helped his business expand and the profits he is earning is creating lasting improvements in his life. In the future Pablito hopes to repair or expand their home and expand his current business.
Thank you for your support of Pablito and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
