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Marilou Abrasaldo
Name:
Marilou Abrasaldo
City:
Bais, Negros Occidental
Country:
Philippines
Activity:
Raising pigs
Fundraiser:
2/10 Fundraiser - Philippines
Loan Use:
Acquiring piglets and feed
Entrepreneur Profile
Marilou Abrasaldo (right) is blessed with 6 children. Her eldest child, 24 years old, encourages and inspires her to pursue her piggery business. This makes her busy everyday, as she ensures that all of her pigs will grow healthy. She raises the pigs for four months, and then sells them. This provides her family enough income to pay their daily expenses especially the food.
With this loan, Marilou would like to buy additional piglets and feed. Moreover, she hopes it will generate better profits so that she can give her children a better future.
Mid-Term Update - April 03, 2010
Marilou Abrasaldo loan was utilized for her piggery business. She has grown a sow that is pregnant and is expected to give birth soon. Marilou used the loan to buy pig feed. The loan was really helpful to her family. Without it, Marilou would have been forced to apply to other informal lenders who charge their clients a higher interest rate.
Final Report - May 29, 2010
Marilou Abrasaldo has sold her five pigs. She used her profit to provide basic needs for her family, cover school expenses, and invest in new piglets and feed.
Marilou would like to thank those who funded her loan and for the wonderful opportunity that was made available to her. She was able to pay back her entire loan.
Community Photos
Entrepreneur Location
Local Community
The community of Mountain View is located in a boot-shaped province on Negros Island in the Philippines. Home to Mt. Kanlaon, an active volcano, the area is rich with natural resources. With convenient access to a variety of markets, the community is emerging as a promising frontier for investors.
Economic activities revolve around agriculture, fishery, and forestry. Environmental degradation is a pressing concern. The region has been identified as one of the lowest income-earning areas in the country. Families struggle to acquire proper nutrients, and some do not have access to clean water. Malnutrition and disease are constant concerns. Families are hindered by poor road conditions, and many children drop out of school.
In Mountain View, World Vision has provided community members with key employment skills, including training in food processing and assistance in livestock rearing. We have also provided medical and housing assistance, supplemental food for malnourished children, fees and materials for children to attend school, and educational support for child laborers. Learn more about microfinance in Philippines
Donors funding this loan
Lauren
Rebecca
Anonymous