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Ferry S

Ferry is from Indonesia. He has 1 child. He needs a loan of $225 to purchase a new toolkit .

Services
Community:
Surabaya 1
Country:
Indonesia
other entrepreneurs here Indonesia

Summary

Ferry is from Indonesia. He has 1 child. He needs a loan of $225 to purchase a new toolkit .

  • Top Goals To purchase a new toolkit
  • Children Helped 1
  • Number of Employees 1

Ferry's Story

Ferry supports his family by operating a car repair shop in the city. He faces challenges which prevent him from earning enough income. He lacks adequate tools, and he is skilled in repairing only one make of car, which limits the number of customers. He wants to improve and expand his business so he can provide a better life for his family.

A loan from World Vision will allow Ferry to purchase the tools necessary for expanding his business. He also plans to acquire the necessary skills to repair other makes of cars. This will greatly improve his service and his business reputation, and the additional income he will earn will allow him to continue to reinvest in and grow his business. He plans save for his daughter’s education. In the future, Ferry hopes to be able to offer a job to someone in his community.

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Industry Info

In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.

Ferry's Community

World Vision began working with the people of Indonesia in 1957, when we hosted a pastors conference. In 1961, a childcare program opened to help orphans and refugee children. By 1967 the program grew to assist some 2,000 children. During the 1970s, World Vision donors sponsored more than 8,000 children, and community development work began in several areas. Today, U.S. sponsors alone support 20,000 children in six community development areas, including Surabaya.

Ministry of Education data shows that many children living in the slums of Surabaya are not attending school. Surveys also found that high numbers of infants die from preventable diseases such as pneumonia and diarrhea. This community has schools and health clinics, but the most common factor preventing access is poverty. Families can’t afford school fees and materials, or the cost of clinic visits and medicines. To address these issues, World Vision and community members have determined that improved income opportunities and health and education projects are critical. Community instruction on the importance of child rights and education also were deemed vital to community success.

World Vision began working alongside families in the slums of Surabaya in 2000, and programs designed to provide lasting, holistic, community development are directly targeting approximately 2,045 sponsored children and their families.

Ferry's Mid Term Update June 06, 2012

Thank you for supporting a small business loan for Ferry Susanto to expand his services and repair business where he repairs cars for a living. After receiving the loan from World Vision, he invested the $225 by buying a new toolkit.

Ferry has been repaying his loan on time with his new profits. He makes weekly payments of $7. In addition to repaying his loan, Ferry is using additional income to maintain or repair equipment and pay school fees and purchase food for the family. Ferry's 1 child continues to study in school.

Thank you for supporting Ferry and World Vision Micro!

Ferry's Final Update September 26, 2012

Ferry

Thank you for supporting the small loan for Ferry Susanto to improve his auto repair business. He invested his loan of $225 to purchase a new toolkit.

Ferry has now repaid his loan in full. In addition to repaying his loan, Ferry has used his additional income to pay school fees, expand his current business and start a new business.

Ferry's child continues to study in school.

The loan Ferry received helped his business expand and the profits he is earning is creating lasting improvements in his life. In the future Ferry hopes to start a new business and expand his current business.

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

Total Amount
$225

Amount raised

$225
$225
100%

Help Ferry

4 Donors

  • Ruth
    February 11, 2012
    Contributed to 3 other loans
  • Bobbi
    February 12, 2012
    Contributed to 2 other loans
  • Greg
    February 12, 2012
    Contributed to 22 other loans
  • Ira
    February 15, 2012
    Contributed to 0 other loans

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