Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Karen Samantha is from Mexico. She needs a loan of $400 to buy supplies for her snack stand.
Karen (20) lives at home with her parents in the city of San Juan. To help her parents, who have been very supportive of her, and to earn a living, five months ago she started her own snack stand. She prepares a variety of snack foods to sell. Karen is really pleased with how her business is operating and she wants to improve it. She'd like to buy a sandwich maker, a blender to prepare "esquimos" (milkshakes), and a grill, but she has not had the money.
With a loan from World Vision, Karen will be able to make those purchases and grow her business. The money she earns will allow her to care for parents, and enable her to continue to invest in her snack stand.
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 Karen Samantha Ramirez Huerta to expand her food, retail and grocery business. After receiving the loan from World Vision, she invested the $400 to buy supplies for her snack stand. Karen Samantha has been repaying her loan on time with her new profits. She makes weekly payments of $25.
In addition to repaying her loan, Karen Samantha is using additional income to buy supplies in bulk and pay for transportation.
Thank you for supporting Karen Samantha and World Vision Micro!
Thank you for supporting the business loan for Karen Samantha Ramirez Huerta to improve her grocery business. She invested her loan of $400 to buy supplies for her snack stand.
Karen Samantha has now repaid her loan in full. In addition to repaying her loan, Karen Samantha has used her income to buy supplies and pay for transportation.
The loan Karen Samantha received helped her business expand and the profits she is earning create lasting improvements in her life.
Thank you for your support of Karen Samantha and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.