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Iis is from Indonesia. She needs a loan of $175 Iis will use the loan to purchase more bed sheets to resell with the goal of having a kiosk.
Iis has one child and lives in Cilincing, Jakarta City. She sells bed sheets in credits to customers that have households in the vicinity. Her challenge has been collecting repayment from her customers and difficulties finding better quality sheets.
A World Vision loan will help her purchase higher quality inventory with a goal to have her own kiosk selling bed covers and bed sheets.
The income from her expanded business will allow her to meet her family's basic needs and to have some savings for her children's future.
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.
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Thank you for supporting a small business loan for Iis Sugiarto to expand her retail business where she sells bed sheets.
After receiving the loan from World Vision, she invested the $175 to purchase more bed sheets to sell with the goal of having a kiosk.
Iis has been repaying her loan on time with her new profits. She makes weekly payments of $4.
In addition to repaying her loan, Iis is using additional income to pay school fees, purchase food for the family, and expand the current business. Iis's 1 child continues to study in school.
Thank you for supporting Iis and World Vision Micro!