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Marvelous D

Marvelous is from Philippines. She has 2 children. She needs a loan of $150 to buy merchandise for her store and fertilizer to make farming improvements .

Agriculture/Animals
Community:
Tabod It Arap
Country:
Philippines
other entrepreneurs here Philippines

Summary

Marvelous is from Philippines. She has 2 children. She needs a loan of $150 to buy merchandise for her store and fertilizer to make farming improvements .

  • Top Goals To buy merchandise for her store and fertilizer to...
  • Children Helped 2

Marvelous's Story

Providing for her two children, Almar and Aldin, is hardworking Marvelous's main goal. She has been farming rice and coconut in the town of Espanola, Palawan, Philippines, which she sells in her little sari-sari (convenience) shop. She would like to provide a better life for her children and increase sales but because she lack the money to buy fertilizer and various merchandise for her shop, she has not been able to make the necessary improvements that will allow her to create a sustainable business.

A loan for World Vision will help Marvelous buy the items she needs to make the improvements that will not only allow her to provide her children with the basics, but she will also be able to start a savings account, and reinvest in her business. In the future, she dreams of saving enough money to buy home furnishings to create a nicer home for her family.

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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.

Marvelous's Community

World Vision began working with the people of the Philippines in Manila in 1954. Childcare projects began shortly thereafter to help fund orphanages and daycare centers, health-care programs, educational assistance, hygiene, and spiritual enrichment projects. The Good Shepherd’s Fold Orphanage Project provided a gas stove, 600 reference books, musical instruments, vegetable seeds, and 3,000 textbooks to children on the island of Guimaras.

From 1960 to 1969, sponsorship continued to grow with the addition of the Mercyville orphanage in the village of Polonulig on the island of Mindanao. In addition, the Philippines Medical Boat Mission Project ministered to suffering people in remote, sea-locked villages. Medical and
evangelical teams provided health care through two- and three-day clinics in churches and homes.

World Vision opened the Manila office in 1972. Staff sought to improve communities and continued sharing the message of the Gospel. By the end of the decade World Vision sponsored 29,750 children. Community development projects provided a comprehensive approach to integrate
development among the small islands, which typically have few resources and are inaccessible during rough seas. Projects there sought to promote fishing, health care, sanitation, and education. The Ilin Island Fishing Project benefited 600 people by promoting self-sufficiency through agricultural production, increased fishing harvests, and improved water supplies.

Marvelous's Mid Term Update July 26, 2012

Thank you for supporting a small business loan for Marvelous Dela Torre to expand her farming business and her retail and grocery business.

After receiving the loan from World Vision, she invested the $150 to buy merchandise for her store and fertilizer to make farming improvements.

Marvelous has been repaying her loan on time with her new profits. She makes weekly payments of $7.

In addition to repaying her loan, Marvelous is using additional income to purchase food for the family, buy supplies in bulk, and expand the current business. Marvelous's 2 children continue to study in school.

Thank you for supporting Marvelous and World Vision Micro!

Marvelous's Final Update October 04, 2012

Marvelous

Thank you for supporting the small loan for Marvelous Dela Torre to improve her farming, food, retail, and grocery business. She invested her loan of $150 to buy merchandise for her store and fertilizer to make farming improvements.

Marvelous has now repaid her loan in full. In addition to repaying her loan, Marvelous has used her additional income to purchase food for the family and expand her current business.

Marvelous's 2 children continue to study in school.

The loan Marvelous received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Marvelous hopes to repair or expand their home and expand her current business.

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

Total Amount
$150

Amount raised

$150
$150
100%

Help Marvelous

1 Donors

  • Merlene
    January 04, 2012
    Contributed to 3 other loans

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