Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Rosa is from Philippines. She needs a loan of $350 to purchase ingredients and supplies.
Rosa resides in Tabunok Hilongos in the Leyte Province of the Philippines. To support her family’s needs, Rosa farms rice and also cooks meals to sell. She and her husband are working hard to provide for the basic needs of their family.
With a loan from World Vision, Rosa will purchase more ingredients for her cooking so she can make a variety of menu items. This will attract more customers and increase her income. Rosa will be able to provide her two children with their daily needs and pay for her youngest daughter’s education fees. Rosa will also hopes to reinvest some of her profits in her food vending business.
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 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.
Thank you for supporting a small business loan for Rosa Palmero to expand her farming and food business.
After receiving the loan from World Vision, she invested the $350 to purchase ingredients and supplies.
Rosa has been repaying her loan on time with her new profits. She makes weekly payments of $17.
In addition to repaying her loan, Rosa is using additional income to pay school fees, purchase food for the family, and expand the current business. Rosa's 2 children continue to study in school.
Thank you for supporting Rosa and World Vision Micro!
Thank you for supporting the small business loan for Rosa Palmero to improve her farming and food business. She invested her loan of $350 to purchase ingredients and supplies.
Rosa has now repaid her loan in full. In addition to repaying her loan, Rosa has used her additional income to pay school fees, purchase food for the family, and expand the current business. Rosa's 2 children continue to study in school.
The loan Rosa received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Rosa hopes to send children to school, repair or expand their home, and expand the current business.
Thank you for your support of Rosa and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.