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Marilou C

Marilou is from Philippines. She has 4 children. She needs a loan of $175 to purchase piglets and feed.

Agriculture/Animals
Community:
Omega
Country:
Philippines
other entrepreneurs here Philippines

Summary

Marilou is from Philippines. She has 4 children. She needs a loan of $175 to purchase piglets and feed.

  • Top Goals To purchase piglets and feed
  • Children Helped 4

Marilou's Story

Marilou lives with her four children in Hindang, Leyte, Philippines, where she raises hogs as her livlihood. She is a very hard worker and is determined to provide for the needs of her four children ages 2, 13, 14, and 17. She would like to increase the number of piglets she has to raise for market, but she has very limited funds to be able to do so.

This loan from World Vision will enable Marilou to buy additional piglets to raise and sacks of commercial feed to help them grow healthier and larger. She believes the increased size and number of her hogs will allow her to increase her sales and profitability.

The additional income will allow Marilou to better provide for the daily needs of her family, additional funds to reinvest in her business and the education of her four children.

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Industry Info

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.

Marilou's Community

The community of Omega, located in the Southern Leyte province of the Philippines, is home to a large population of farmers and fishermen. On average, 11 of the Philippines’ approximately 24 annual typhoons affect this area. Along with poor farming and fishing practices, this contributes to the depletion of natural resources, which affects economic prosperity. Farmers mainly grow rice, coconut, and sugar cane. Fruit and vegetable production is limited, and many families struggle to find sufficient nutrients.

Nearly 50 percent of the area’s residents live in poverty. As a result of economic struggles, many children drop out of school and seek work in places such as the sugar cane fields or urban areas. These children often face exploitation and abuse.

In Omega, World Vision is helping community members create a more sustainable future by providing training in livestock raising and fertilizer production, distributing small loans, and developing businesses. We are also educating families about child rights and operating children’s associations.

Marilou's Mid Term Update May 18, 2012

Thank you for supporting a small business loan for Marilou Cabaliza to expand her livestock business where she raises and sells pigs.

After receiving the loan from World Vision, she invested the $175 to purchase piglets and feed.

Marilou has been repaying her loan on time with her new profits. She makes weekly payments of $8.

In addition to repaying her loan, Marilou is using additional income to pay school fees, purchase food for the family, and expand the current business. Marilou's 4 children continue to study in school.

Thank you for supporting Marilou and World Vision Micro!

Marilou's Final Update July 27, 2012

Marilou

Thank you for supporting the small business loan for Marilou Cabaliza to improve her livestock business. She invested her loan of $175 to purchase piglets and feed.

Marilou has now repaid her loan in full. In addition to repaying her loan, Marilou has used her additional income to pay school fees, purchase food for the family, and expand the current business. Marilou's 4 children continue to study in school.

The loan Marilou received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Marilou hopes to send children to school, repair or expand their home, and expand the current business.

Thank you for your support of Marilou and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$175

Amount raised

$175
$175
100%

Help Marilou

4 Donors

  • Salustra
    March 08, 2012
    Contributed to 1 other loans
  • Kathleen
    March 09, 2012
    Contributed to 79 other loans
  • Sarah
    March 09, 2012
    Contributed to 10 other loans
  • Kathleen
    March 09, 2012
    Contributed to 24 other loans

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