Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Lucia is from Mexico. She needs a loan of $475 to buy eggs, sodas, cooking oil, cookies, beans, milk, and juices.
Lucia is a 65-year-old hardworking woman and is married to Daniel, with whom she has six children. She lives in Ometepec in the state of Guerrero. The name of the community comes from "Náhuatl" and means "place between two hills."
Twenty years ago, Lucia started her own grocery store to help with expenses at home and to offer her family better opportunities. She is glad to say that thanks to the economic support of her husband and the earnings from her grocery store, she had never been through financial trouble or faced a health difficulty. She is proud and grateful for what her work and effort have accomplished.
Lucia would like to expand her business but financial constraints have been an obstacle for her. With a loan from World Vision she will be able to enlarge her stock by buying eggs, sodas, cooking oil, cookies, beans, milk, juices and other supplies to sell. With the additional profits, Lucia will be able to better provide for her family. She is also thinking of buying a stove, which will also bring benefits for her family.
Lucia plans to reinvest in her store as much as she can so that in the future, she can eventually remodel her establishment. That way she will be able to arrange more products.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
The small community of Rio Santa Catarina, which derives its name from a local river, has a mountainous terrain and warm climate. Economic opportunities in this community are diverse as a result of its close proximity to the growing city of Ometepec.
In Rio Santa Catarina, World Vision is assisting farmers with production and marketing; educating families on disaster preparedness; and working to improve education through tutoring and teacher training. We are also providing healthcare services, nutritional training, and housing assistance.
Thank you for supporting a small business loan for Lucia Santos Jimenez to expand her food, retail and grocery business. After receiving the loan from World Vision, she invested the $475 to buy eggs, sodas, cooking oil, cookies, beans, milk, and juices.
Lucia has been repaying her loan on time with her new profits. She makes weekly payments of $19.
In addition to repaying her loan, Lucia is using her additional income to purchase food for her family and buying supplies in bulk. Lucia's six children continue to study in school.
Thank you for supporting Lucia and World Vision Micro!
Thank you for supporting the small loan for Lucia Santos Jimenez to improve her grocery business. She invested her loan of $475 to buy eggs, sodas, cooking oil, cookies, beans, milk, and juices.
Lucia has now repaid her loan in full. In addition to repaying her loan, Lucia has used her additional income to purchase food for her family, buy supplies in bulk and pay for transportation.
Lucia's six children continue to study in school.
The loan Lucia received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Lucia hopes to expand her current business and take out another loan.
Thank you for your support of Lucia and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.