Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Dora Luz is from Mexico. She has 2 children. She needs a loan of $475 to buy more ingredients for preparing Mexican snacks.
Dora Luz is married to Victor and together they have 2 daughters: Brenda and Ana Karen, who are both attending school. Dora has been in the food business for almost nine years. She had decided to start working because she wanted to help her husband with the family expenses, including their daughters' education. She mentions that her mother taught her to cook since she was very young and she knows that she is gifted in the "art of the kitchen."
Dora needs a loan in order to invest in her business. A loan from World Vision will enable Dora to buy chili, onion, garlic, beans, cheese, meat, maize, sour cream and many other ingredients to make typical Mexican dishes and snacks. By preparing more food, Dora will be able to generate more income to help her family. With the experience of those many years of work, she is beginning to learn more about when to invest and when to save. In the future, Dora would like to buy tables, chairs, spoons, forks, and knives in order to improve the service she provides.
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 Dora luz Gomez quesada to expand her food and retail business. After receiving the loan from World Vision, she invested the $475 to buy more ingredients for preparing Mexican snacks. Dora Luz has been repaying her loan on time with her new profits. She makes weekly payments of $29 .
In addition to repaying her loan, Dora Luz is using additional income to purchase food for the family, buy supplies in bulk and pay for transportation. Moreover, Dora Luz's 2 children continue to study in school.
Thank you for supporting Dora Luz and World Vision Micro!
Thank you for supporting the small loan for Dora Luz Gomez Quesada to improve her food and retail business. She invested her loan of $475 to buy more ingredients for preparing mexican snacks.
Dora Luz has now repaid her loan in full. In addition to repaying her loan, Dora Luz has used her additional income to buy supplies in bulk and purchase school supplies.
Dora Luz's 2 children continue to study in school.
The loan Dora Luz received helped her business expand and the profits she is earning is create lasting improvements in her life. In the future, Dora Luz hopes to expand her current business and take out another loan.
Thank you for your support of Dora Luz and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.