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Maribel is from Philippines. She needs a loan of $525 additional capital for roasted pig and Sari-sari store business .
Maribel is from Philippines. She needs a loan of $525 additional capital for roasted pig and Sari-sari store business .
Maribel Guya is shown standing near the area where she and her family manually roast pigs. This is her business. Aside from accepting orders for roast pigs, she has a Sari-sari store also.
With a loan from World Vision Maribel will purchase more merchandise for her store and soy sauce, charcoal, seasoning for her roast pig business and so that she can keep her businesses well-managed.
Maribel is is from Sitio Lipata Western Brgy., She is married with seven children ages 4, 8, 9, 10, 11, 15 and 17.
Any additional income will be use to finance her children’s schooling, family's daily needs and investment of another business.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
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 Maribel Guya to expand her food, retail, services, and grocery business where she runs a sari-sari store. After receiving the loan from World Vision, she invested the $525 to expand her roasted pig and sari-sari store business.
Maribel has been repaying her loan on time with her new profits. She makes weekly payments of $26. In addition to repaying her loan, Maribel is using the additional income to pay school fees, purchase food for the family, and expand the current business. Maribel's 7 children continue to study in school.
Thank you for supporting Maribel and World Vision Micro!
Thank you for supporting the small business loan for Maribel Guya to improve her food, retail, services, and grocery business. She invested her loan of $525 to buy supplies to make roasted pig and expand her sari-sari store business.
Maribel has now repaid her loan in full. In addition to repaying her loan, Maribel has used her additional income to pay school fees, purchase food for the family, and expand the current business. Maribel's 7 children continue to study in school.
The loan Maribel received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Maribel hopes to continue to send her children to school, repair or expand their home, and expand the current business.
Thank you for your support of Maribel and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.
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