Fishing For Life
For Deodoro, fishing has always been a part of his life. His grandfather was a fisherman, his father was a fisherman, and now he is a fisherman. There wasn’t really a consideration of doing something outside of fishing. It’s something he has always enjoyed doing, but business hasn’t always been good. Some years were good and some were a struggle. Four years ago, Deodoro’s wife, Amelia, discussed getting a loan from VisionFund Philippines to help increase their capital, hire workers from the community, and help weather the storms of bad fishing seasons.
VisionFund Philippines, operating as Community Economic Ventures Incorporated, is a Christian owner-operated mission-driven microfinance network working with caregivers in hard to reach, impoverished locations so they can create secure futures for their children. Inspired by Christian values, we are dedicated to working with the most vulnerable families and communities regardless of religion, race, ethnicity gender, to create lasting change in their lives.
VisionFund serves low income clients living in vulnerable and rural communities by offering financial and livelihood solutions, delivered through our Network, World Vision and partners; empowering families to create income and jobs; and unlocking economic potential for communities to thrive. The products and services offered fall into five broad categories: microloans, savings programmes, microinsurance, training and education. Benefits include sustainable livelihoods, increased economic well-being, improved community well-being, decreased dependence on outside aid and restoration of hope and dignity.
Together with World Vision, we are focused on ending extreme poverty by 2030.
Client Impact Stories
Cocooned from Poverty
Arlene is a VisionFund clients whose loans helped the family make the necessary investments to keep the business cultivate silkworms running smoothly. For over 20 years, it has been the family’s main source of income. The more the business grows the more possibilities of hiring others from their village to help. This means that more than just their family will benefit from the business.
Building Relationships through a Bountiful Harvest
Judith, 46, wakes up at two o’clock in the morning, gathers her vegetables, loads them onto her delivery tricycle and leaves homes to sell them at the markets in neighbouring towns. She is out until about eleven o’clock in the morning. This is Judith’s work routine on market days; Sunday, Monday, Tuesday and Thursday. From the market, Judith heads to her vegetable stall located at the highway a few meters from her house.