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Jimmy is from Philippines. He needs a loan of $250 to purchase piglets and feed .
Jimmy is from Philippines. He needs a loan of $250 to purchase piglets and feed .
Jimmy Casipong raises hogs and lives in Mabinay, Negros Oriental. He is 43 years old, married with two children: Rachelle-15 and Christy-12. Jimmy enjoys his work but needs an infusion of money to reinvest in his livestock business.
With a World Vision microloan, Jimmy plans to buy three more piglets for business expansion and four sacks of feed to ensure his piglets sell for maximum profits when he takes them to market.
Any income, after making his loan payments, will be used for his children's education, family daily consumption needs and reinvestment in raising pigs.
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 Jimmy Casipong to improve his livestock business. He invested his loan of $250 to purchase piglets and feed.
Jimmy has now repaid his loan in full. He used his additional income to pay school fees, purchase food and other basic necessities for his family, and expand his business.
The profits he is earning create lasting improvements in his life. In the future Jimmy hopes to continue sending his children to school, repair or expand their home and expand his business further.
Thank you for your support of Jimmy and World Vision Micro. These funds are now being recycled to support another deserving entrepreneur in the same community.
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