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Antonia is from Mexico. She needs a loan of $400 to buy ingredients for preparing snacks.
Antonia is from Mexico. She needs a loan of $400 to buy ingredients for preparing snacks.
Antonia is married to Martin and together they have five children, three of whom are still studying. Twelve years ago, she began preparing and selling typical Mexican snacks in order to help her husband with the family expenses and improve the quality of life of her loved ones. Her business is doing well and she is thankful to God for its success.
Antonia wants to continue and expand her business. With a loan from World Vision she will be able to invest in it by buying the most essential ingredients for her snacks: tomatoes, chili, onions, cooking oil, table salt, beans, rice and maize. She also wants to buy more firewood to heat her portable stove. This will allow her to keep working and to increase her sales.
With the additional profits Antonia will be able to better provide for her family. She would be pleased to see her children attending university to get a better job and to have better opportunities in life than the ones she had. In the future, she is also thinking of building her own establishment to open a restaurant. That way, she can get more clients and will be able to cook even more dishes.
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.
Residents of the community of Cuajinicuilapa are primarily a mix of native Mexicans and Africans, who originally arrived with the Spanish conquistador Hernan Cortes. The region’s close proximity to the coast enables residents to participate in a wide range of economic activities, including commerce, agriculture, and fishing.
In Cuajinicuilapa, World Vision is working to improve healthcare and has conducted HIV- and AIDS-awareness campaigns, formed support groups, provided testing, and trained community members to care for those who are affected by the disease. We have also emphasized the importance of education to parents and trained community leaders to provide tutoring to students, helping them improve academic performance.
Thank you for supporting a small business loan for Antonia Justo Laureano to expand her food and retail business. After receiving the loan from World Vision, she invested the $400 to buy ingredients for preparing snacks. Antonia has been repaying her loan on time with her new profits. She makes weekly payments of $25.
In addition to repaying her loan, Antonia is using additional income to purchase food for the family, buy supplies in bulk and pay for transportation. Antonia's 5 children continue to study in school.
Thank you for supporting Antonia and World Vision Micro!
Thank you for supporting the small loan for Antonia Justo Laureano to improve her Mexican snacks business. She invested her loan of $400 to buy ingredients for preparing the snacks.
Antonia has now repaid her loan in full. In addition to repaying her loan, Antonia has used her additional income to purchase food for the family, buy supplies in bulk, and pay for transportation.
Antonia's 5 children continue to study in school.
The loan Antonia received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Antonia hopes to expand her current business and take out another loan.
Thank you for your support of Antonia and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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