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Marilou Majestad
Name:
Marilou Majestad
City:
Mabinay, Negros Oriental
Country:
Philippines
Activity:
pigs
Loan Use:
Raising piglets and purchasing feed
Entrepreneur Profile
Marilou Majestad owns a piggery where she earns enough money to provide her family with an adequate supply of food, clothing, and other necessities. At 28 years old, she is the mother of two children, ages 3 and 6. She works hard to be the best mother she can be for her children. Marilou is beginning to save money in order to give her children a better education and future. She wants to expand her business, by purchasing additional piglets and more feed, in order to increase her income and savings. By receiving this loan, Marilou will have an opportunity to better support her family.
Mid-Term Update - April 01, 2010
Before the loan, Marilou Majestad was worried where to get funds to support her piggery business. Not anymore, because she learned about World Vision Micro and availed its credit services. The loan allowed her to buy three piglets and a sack of feed.
Final Report - May 27, 2010
During the early stages of her repayment, Marilou's pigs became ill and died. She initially struggled to repay her loan, but with time, she was eventually able to repay it in full.
Even though Marilou was faced with challenges in the beginning, she persevered and was able to fulfill her loan commitment. She would like to thank the donors who funded her 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
Jennifer