Thursday, February 23, 2017
A loan of $450 helped to buy farm inputs and fertilizers to increase yield.
The Mercy Foundation helped fund a microloan for Elizabeth, a farmer from the Philippines.
Here is Elizabeth’s Story
Should you ever visit the municipality of Molave – Mahayag Zamboanga del Sur in the Philippines, you will probably find Elizabeth tending to her farm. This middle aged woman has 5 children, and being the only breadwinner, she has to work extra hard to cater to all their needs. She has been doing this for several years, and has managed to advance her business through loans. Since she always pays back the loans on time, she is a Member in Good Standing, revealing that she can be trusted for another loan.
In an effort to continue to run her farm smoothly, Elizabeth recently approached the Paglaum Cooperative for a 20,000 PHP loan. The money would go towards buying farm inputs and fertilizers and for paying labor costs for cultivating their land. She hopes that one day she will be able to expand her farm and own a jeepney someday.
Her loan was locally disbursed by the Paglaum Multi-Purpose Cooperative, an organization that takes pride in its holistic approach to poverty alleviation. The company’s main aim is to ensure that low income families attain self-sufficiency, especially in the province of Mindanao and Visayas. The organization does this by providing its members with access to finance. Through the Kiva lending platform and the Paglaum Multi-Purpose Cooperative, The Mercy Foundation chose to fully fund Elizabeth’s loan of 20,000 PHP, helping her take the next step on the journey to fulfil her dreams. Thousands of lives across the globe have been changed thanks to organizations such as these, as they help to provide low income earners with the tools that they need to escape the poverty that surrounds them.
This system works in a simple way. Kiva helps foundations provide funds, while the Paglaum Multi-Purpose Cooperative identifies needy people on the ground and disburses the donated funds to them. This is all able to work smoothly because all the entities involved would like to see low income earners gain access to quality microfinance services. You can join the Kiva lending platform, and if you would like to change the life of a person in the same way as the Mercy Foundation. Just visit www.kiva.org. The website contains thousands of needy entrepreneurs.
Notes
1. This article was based on https://www.kiva.org/lend/787733
For Mercy Foundation, mitigating the scourge of poverty requires sustainable measures. The organization then supports underprivileged entrepreneurs in their quest for financial independence by giving them access to microloans. These are generated when the foundation liquidates donations of underutilized real estate assets. For more on what the foundation does, visit this website.
Thursday, February 16, 2017
A loan of $275 helped to buy items to sell like shampoo, groceries, etc.
The Mercy Foundation funded a microloan for Julie, an entrepreneur from the Philippines.
Here is Julie’s Story
Julie is a very hardworking, middle aged woman who comes from the municipality of Ivisan in the Philippines. This 56 year old married mother of four has to work extremely hard to support herself and her family, something that she has been doing for the last two years through her general store.
In an effort to ensure that operations at the store continue to run smoothly, Julie approached the Negros Women for Tomorrow Foundation for a loan. This is not the first time that the organization has assisted her with her business, and the last four loans that she applied for were all repaid in a timely manner. The loan that she requested would go towards buying additional inventory for her to sell in her store, including consumables and cosmetics. She hopes that her business will enable her to save enough money so that she it can continue to grow, and she can provide her family with a more secure future.
Her loan was locally administered by the Negros Women for Tomorrow Foundation (NWTF) a non-governmental organization that aims to ensure that all the low income families of the province of Negros Occidental become self-reliant. The organization does this by providing its members with a wide range of socioeconomic services, including microfinance services, training programs, business and livelihood workshops, hospital income benefits, accidental death benefits, among others.
Thanks to the NWTF, and Kiva’s lending platform, the Mercy Foundation was able to provide full funding for Julie’s loan. This not only allowed her to get everything she needed for her store, it also help ensure that she continues to work towards achieving her dream of providing a secure future for her family. Thousands of people from around the globe have had their lives transformed by organizations such as these, which give them the tools to escape the poverty that surrounds them.
Kiva helps to bring people together, while organizations like the NWTF help to identify people on the ground who are in need of funding. If you would also like to help transform the life of someone in the same way, you should visit www.kiva.org. The website is host to a large database of underprivileged entrepreneurs who are in need of funding.
Notes
1. This article was based on https://www.kiva.org/lend/819491
Mercy Foundation has come to the aid of many struggling entrepreneurs by providing them microloans. The organization believes that instilling financial independence among its beneficiaries is the most sustainable solution to poverty. Moreover, it generates microloans by liquidating donations of underutilized real estate. For more information on its work, visit its official website.
Here is Julie’s Story
Julie is a very hardworking, middle aged woman who comes from the municipality of Ivisan in the Philippines. This 56 year old married mother of four has to work extremely hard to support herself and her family, something that she has been doing for the last two years through her general store.
In an effort to ensure that operations at the store continue to run smoothly, Julie approached the Negros Women for Tomorrow Foundation for a loan. This is not the first time that the organization has assisted her with her business, and the last four loans that she applied for were all repaid in a timely manner. The loan that she requested would go towards buying additional inventory for her to sell in her store, including consumables and cosmetics. She hopes that her business will enable her to save enough money so that she it can continue to grow, and she can provide her family with a more secure future.
Her loan was locally administered by the Negros Women for Tomorrow Foundation (NWTF) a non-governmental organization that aims to ensure that all the low income families of the province of Negros Occidental become self-reliant. The organization does this by providing its members with a wide range of socioeconomic services, including microfinance services, training programs, business and livelihood workshops, hospital income benefits, accidental death benefits, among others.
Thanks to the NWTF, and Kiva’s lending platform, the Mercy Foundation was able to provide full funding for Julie’s loan. This not only allowed her to get everything she needed for her store, it also help ensure that she continues to work towards achieving her dream of providing a secure future for her family. Thousands of people from around the globe have had their lives transformed by organizations such as these, which give them the tools to escape the poverty that surrounds them.
Kiva helps to bring people together, while organizations like the NWTF help to identify people on the ground who are in need of funding. If you would also like to help transform the life of someone in the same way, you should visit www.kiva.org. The website is host to a large database of underprivileged entrepreneurs who are in need of funding.
Notes
1. This article was based on https://www.kiva.org/lend/819491
Mercy Foundation has come to the aid of many struggling entrepreneurs by providing them microloans. The organization believes that instilling financial independence among its beneficiaries is the most sustainable solution to poverty. Moreover, it generates microloans by liquidating donations of underutilized real estate. For more information on its work, visit its official website.
Thursday, February 9, 2017
A loan of $450 helped to purchase clothing for sale.
The Mercy Foundation funded Delia, a clothing saleswoman in the Philippines.
Here is Delia’s Story
Delia is amongst the most enterprising women in the municipality of Plaridel-Tipolo in the Philippines. She has been selling clothing successfully in the area for a while now, and has been looking for ways to improve her situation so that she can enjoy even more good fortune. Her main goal is to ensure that she always have an excellent level of inventory, so that she is able provide for her family.
Her quest to make a better life for herself led her to the Paglaum Multi-Purpose Cooperative (PMPC), where she signed up as a member so that she could be eligible for a loan. She started her business with a loan from this organization, and has been getting more loans from them to help her ever since. She clearly has the determination needed to make her business a success.
PMPC is a cooperative that was founded over 20 years ago to help the people in the Philippine northwestern provinces of Mindanao and Visayas gain access to funds. These funds that would then help them to begin economic and livelihood activities that would lead to sustainability. The organization is seen as a beacon of hope, not only because in the local vernacular Paglaum means hope, but also because of the help it has provided thousands of people in the two provinces.
As a Kiva partner, PMPC enabled the Mercy Foundation to fully fund the $450 loan that Delia requested. Organizations such as PMPC and Kiva, and the partnerships that they have built with foundations such as the Mercy Foundation, are helping to change the lives of thousands of families, and elevate these families above the poverty that surrounds them. For these organizations, that is their main aim, to ensure that microfinance services are provided to those that need them the most. To enable people to benefit from these services, Kiva helps to bring people together, while PMPC identifies people on the ground that would benefit from the money that the investors provide. Delia now has the chance to expand her business and gain that good fortune that she has been looking for. If you would like to transform the lives of people like her by investing in them, you should visit Kiva.org and browse through the thousands of loans that need urgent funding. By funding a microloan, you can make a permanent change in the life of someone and a community.
Mercy Foundation is a non-profit aiming to uplift the quality of life of the impoverished through microfinance. The organization liquidates donated underutilized real estate assets and converts these to loans for their beneficiaries. Their solution to poverty is economic sustainability through financial independence. Know more about Mercy Foundation’s projects through this website.
Notes 1.
This article is based on https://www.kiva.org/lend/786951
Here is Delia’s Story
Delia is amongst the most enterprising women in the municipality of Plaridel-Tipolo in the Philippines. She has been selling clothing successfully in the area for a while now, and has been looking for ways to improve her situation so that she can enjoy even more good fortune. Her main goal is to ensure that she always have an excellent level of inventory, so that she is able provide for her family.
Her quest to make a better life for herself led her to the Paglaum Multi-Purpose Cooperative (PMPC), where she signed up as a member so that she could be eligible for a loan. She started her business with a loan from this organization, and has been getting more loans from them to help her ever since. She clearly has the determination needed to make her business a success.
PMPC is a cooperative that was founded over 20 years ago to help the people in the Philippine northwestern provinces of Mindanao and Visayas gain access to funds. These funds that would then help them to begin economic and livelihood activities that would lead to sustainability. The organization is seen as a beacon of hope, not only because in the local vernacular Paglaum means hope, but also because of the help it has provided thousands of people in the two provinces.
As a Kiva partner, PMPC enabled the Mercy Foundation to fully fund the $450 loan that Delia requested. Organizations such as PMPC and Kiva, and the partnerships that they have built with foundations such as the Mercy Foundation, are helping to change the lives of thousands of families, and elevate these families above the poverty that surrounds them. For these organizations, that is their main aim, to ensure that microfinance services are provided to those that need them the most. To enable people to benefit from these services, Kiva helps to bring people together, while PMPC identifies people on the ground that would benefit from the money that the investors provide. Delia now has the chance to expand her business and gain that good fortune that she has been looking for. If you would like to transform the lives of people like her by investing in them, you should visit Kiva.org and browse through the thousands of loans that need urgent funding. By funding a microloan, you can make a permanent change in the life of someone and a community.
Mercy Foundation is a non-profit aiming to uplift the quality of life of the impoverished through microfinance. The organization liquidates donated underutilized real estate assets and converts these to loans for their beneficiaries. Their solution to poverty is economic sustainability through financial independence. Know more about Mercy Foundation’s projects through this website.
Notes 1.
This article is based on https://www.kiva.org/lend/786951
Thursday, February 2, 2017
A loan of $275 helped to purchase food ingredients for a food production business.
The Mercy Foundation helped fund a microloan for Charlene, a food production entrepreneur from the Philippines.
Here is Charlene’s Story
Charlene is an entrepreneur who lives in Daan Bantayan, Cebu, Philippines. She is currently married, and for the past one year, she has been operating a food production business. Now that she has the hang of doing it well, she is ready for expansion so that she is able to earn more income. Her belief is that by doing so, she will be able to provide for her family better so that they can have a more secure future. She wants to source a loan from the Negros Women for Tomorrow Foundation (NWTF).
She decided to get in touch with the organization for financial assistance to help her build up her business. She applied for a loan of 12,000 PHP. With this money available, she will be able to purchase more fish, vegetables, spices, meat and so on so that she can build up her food production business.
The loan for Charlene’s loan was locally administered by the NWTF, a non-governmental organization and Kiva partner. This organization has an excellent goal and that is to make sure that the low income families of the province of Negros Occidental become financially self-reliant. They are able to facilitate loans to meet the needs of a host of different micro-entrepreneurs including additional services like life insurance policies, livelihood workshops, dental and medical missions, and microfinance services.
It is by making use of the Kiva lending platform and the NWTF, that the Mercy Foundation was able to fully fund Charlene’s loan. All these organisationss have the same goal so when they work together as Kiva, Mercy Foundation and the NWTF, there are changes the lives of people in the Philippines by helping them escape the cycle of poverty.
How these orgnisations accomplish this is quite simple. Kiva brings philanthropic organizations like the Mercy Foundation, with others like the NWTF which is tasked with identifying entrepreneurs on the ground who are in need of funding.
Kiva is a lending platform that anyone can access. Should you choose to make a change of people in the lives of people around the globe in the same way as Mercy Foundation, you should visit www.kiva.org. There are hundreds of people waiting for your help.
Notes
1. This article is based on https://www.kiva.org/lend/826509
Mercy Foundation recycles donations of underutilized real estate to finance microloans granted to poverty-stricken families. The foundation’s goal is to promote a sustainable solution to poverty, and extols their beneficiaries’ financial independence in its work. For more updates on its projects, visit this website.
Here is Charlene’s Story
Charlene is an entrepreneur who lives in Daan Bantayan, Cebu, Philippines. She is currently married, and for the past one year, she has been operating a food production business. Now that she has the hang of doing it well, she is ready for expansion so that she is able to earn more income. Her belief is that by doing so, she will be able to provide for her family better so that they can have a more secure future. She wants to source a loan from the Negros Women for Tomorrow Foundation (NWTF).
She decided to get in touch with the organization for financial assistance to help her build up her business. She applied for a loan of 12,000 PHP. With this money available, she will be able to purchase more fish, vegetables, spices, meat and so on so that she can build up her food production business.
The loan for Charlene’s loan was locally administered by the NWTF, a non-governmental organization and Kiva partner. This organization has an excellent goal and that is to make sure that the low income families of the province of Negros Occidental become financially self-reliant. They are able to facilitate loans to meet the needs of a host of different micro-entrepreneurs including additional services like life insurance policies, livelihood workshops, dental and medical missions, and microfinance services.
It is by making use of the Kiva lending platform and the NWTF, that the Mercy Foundation was able to fully fund Charlene’s loan. All these organisationss have the same goal so when they work together as Kiva, Mercy Foundation and the NWTF, there are changes the lives of people in the Philippines by helping them escape the cycle of poverty.
How these orgnisations accomplish this is quite simple. Kiva brings philanthropic organizations like the Mercy Foundation, with others like the NWTF which is tasked with identifying entrepreneurs on the ground who are in need of funding.
Kiva is a lending platform that anyone can access. Should you choose to make a change of people in the lives of people around the globe in the same way as Mercy Foundation, you should visit www.kiva.org. There are hundreds of people waiting for your help.
Notes
1. This article is based on https://www.kiva.org/lend/826509
Mercy Foundation recycles donations of underutilized real estate to finance microloans granted to poverty-stricken families. The foundation’s goal is to promote a sustainable solution to poverty, and extols their beneficiaries’ financial independence in its work. For more updates on its projects, visit this website.
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