Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
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Hermin is from Indonesia. She needs a loan of $125 to purchase the ingredients of various dishes for her stand including rice, fish, chicken, and seasonings.
Hermin is from Indonesia. She needs a loan of $125 to purchase the ingredients of various dishes for her stand including rice, fish, chicken, and seasonings.
Hermin is a mother of four and lives in a densely populated area in Jatinegara, Jakarta city. She is married, but her husband doesn't have a stable source of income. To support her husband's fluctuating income, she runs a stand selling rice dishes and iced drinks.
Her main challenge in running this business has been a lack of capital to purchase the ingredients which have increased in price. The loan will help her to restock the ingredients and increase her sales in order to generate more income for her family.
As the business grows, she hopes to rent a stand in the nearby hospital's canteen. There she can get even more customers.
The additional income will allow her to pay for her four children's school fees and to meet her family's basic needs.
Entrepreneurs with specialized skills can apply for a loan in the manufacturing sector. Examples of businesses in the manufacturing sector are making and selling clothes, shoes, machine parts, baskets…the list goes on. These savvy entrepreneurs see the opportunity in their community and, with the help of a loan and their unique talents, can establish their niche. Only 3% of our loans are in the manufacturing sector.
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Thank you for supporting a small business loan for Hermin to expand her food and retail business. After receiving the loan from World Vision, she invested the $125 to purchase the ingredients of various dishes for her stand including rice, fish, chicken, and seasonings. Hermin has been repaying her loan on time with her new profits. She makes weekly payments of $5.
In addition to repaying her loan, Hermin is using additional income to pay school fees, purchase food for the family and buy supplies in bulk. Hermin's 4 children continue to study in school.
Thank you for supporting Hermin and World Vision Micro!
Hermin has now repaid her loan in full. She invested her loan of $125 to purchase ingredients for her food stand.
In addition to repaying her loan, Hermin has used her income to pay school fees for her four children and provide food for the family.
Thank you for your support of Hermin and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
