Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Deovin is from Philippines. He has 4 children. He needs a loan of $250 to purchase feed and fertilizer .
Deovin Cabusog is from Manjuyod, Negros Oriental. He's 41 years old, the father of four, making his living from sugar cane farming and raising hogs. He works hard caring for his children and keeping them in school. They are ages 15, 17 and 18. Deovin needs some financial assistance to reinvest in his farm.
A World Vision microloan will secure the needed feed he can purchase in bulk for his pigs and fertilizer for his sugar cane to ensure his products are highly marketable and can be sold for good profits.
Any additional income, after repaying the loan, will be used for Deovin's children’s education, family daily consumption, reinvestment in his farm and to build savings for their future.
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 the small loan for Deovin Cabusog to improve his farming and livestock business. He invested his loan of $250 to purchase feed and fertilizer.
Deovin has now repaid his loan in full. He used his additional income to pay school fees and purchase food and other daily necessities for his family.
The profits he is earning create lasting improvements in his life. In the future Deovin hopes to continue sending his children to school, repair or expand their home, and expand his business further.
Thank you for your support of Deovin and World Vision Micro. These funds are now being recycled to support another deserving entrepreneur in the same community.