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Rosa Elena is from Mexico. She has 3 children. She needs a loan of $550 to buy inventory for her grocery store .
Rosa Elena is from Mexico. She has 3 children. She needs a loan of $550 to buy inventory for her grocery store .
Rosa Elena is a thirty-six year old widow and the mother of three. Victoria, Graciela and Gerardo are Rosa's eternal inspiration; two of them are attending junior high school and the youngest, elementary school. Rosa has been working in her own grocery store for almost seven years. Her store has been successful and she has managed to get enough income to provide her family with basic necessities.
Rosa wants to use a World Vision microloan to buy more articles, some in bulk, for her store: milk, cookies, bread, sodas, cooking oil, soap, light bulbs, etc. Rosa is very confident that she will earn high profits by expanding her stock. She will also have happier customers because she will be able to provide them what they need and want.
Rosa wants to build her own establishment in the future, with her savings, where she can arrange and display even more products for her clients. Rosa wants her children to attend university to get better jobs. She is determined to continue working to help them achieve this important goal for their future.
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 Rosa Elena Añorve Juarez to expand her grocery store.
After receiving the loan from World Vision, she invested the $550 to buy inventory for her grocery store.
Rosa Elena has been repaying her loan on time with her new profits. She makes weekly payments of $34.
In addition to repaying her loan, Rosa Elena is using additional income to purchase food for the family, buy supplies in bulk, and pay for transportation. Rosa Elena's 3 children continue to study in school.
Thank you for supporting Rosa Elena and World Vision Micro!
Thank you for supporting the small loan for Rosa Elena Añorve Juarez to improve her food and grocery business. She invested her loan of $550 to buy inventory for her grocery store.
Rosa Elena has now repaid her loan in full. In addition to repaying her loan, Rosa Elena has used her additional income to purchase food for the family, buy supplies in bulk and purchase school supplies.
Rosa Elena's 3 children continue to study in school.
The loan Rosa Elena received helped her business expand, and the profits she is earning create lasting improvements in her life. In the future, Rosa Elena hopes to expand the current business and take out another loan.
World Vision was unable to take a follow-up photo of Rosa Elena, as she is now mourning the death of her husband. Please pray for her during this difficult time.
Rosa Elena has repaid her loan in full, 100%. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Rosa Elena and World Vision Micro!
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