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Noemi M

Noemi is from Mexico. She has 2 children. She needs a loan of $400 to buy more products to sell.

Commerce
Community:
Cuajinicuilapa ADP
Country:
Mexico
other entrepreneurs here Mexico

Summary

Noemi is from Mexico. She has 2 children. She needs a loan of $400 to buy more products to sell.

  • Top Goals To buy more products to sell
  • Children Helped 2

Noemi's Story

Noemi is a married mother of two, who lives with her family in the town of Marquelia, formerly known as “Potzahualco” (Place of Plentiful of Water, in the Nahuatl language). Noemi opened a small grocery store two years ago when she was looking for a way to help her husband with the family expenses. She wants to invest in her store and purchase more grocery items and toiletries, but she has not had the money to do so.

With a loan from World Vision, Noemi will be able to purchase more inventory and expand her store. By increasing her inventory, her customrers will benefit by saving time and money by purchasing from her, instead of travelling to other towns to make their grocery purchases.

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Industry Info

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.

Noemi's Community

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.

Noemi's Mid Term Update September 19, 2012

Thank you for supporting a small business loan for Noemi Millan Mejia to expand her food, retail, services and grocery business. After receiving the loan from World Vision, she invested the $400 to buy more products to sell. Noemi has been repaying her loan on time with her new profits. She makes weekly payments of $25.

In addition to repaying her loan, Noemi is using additional income to purchase food for the family, buy supplies in bulk and pay for transportation. Noemi's 2 children continue to study in school.

Thank you for supporting Noemi and World Vision Micro!

Noemi's Final Update November 14, 2012

Noemi

Thank you for supporting the business loan for Noemi Millan Mejia to improve her retail business. She invested her loan of $400 to buy more products to sell.

Noemi has now repaid her loan in full. In addition to repaying her loan, Noemi has used her income to purchase food for her family, buy supplies and pay for transportation.

Noemi's two children continue to study in school.

The loan Noemi received helped her business expand and the profits she is earning create lasting improvements in her life.

Thank you for your support of Noemi and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$400

Amount raised

$400
$400
100%

Help Noemi

12 Donors

  • Diane
    July 17, 2012
    Contributed to 19 other loans
  • Allison
    July 17, 2012
    Contributed to 22 other loans
  • Rachael
    July 18, 2012
    Contributed to 19 other loans
  • Jose R
    July 18, 2012
    Contributed to 22 other loans
  • Lorraine
    July 18, 2012
    Contributed to 17 other loans
  • Catherine
    July 18, 2012
    Contributed to 23 other loans
  • Dona
    July 18, 2012
    Contributed to 22 other loans
  • Jeannie
    July 18, 2012
    Contributed to 23 other loans
  • Elizabeth
    July 18, 2012
    Contributed to 21 other loans
  • Sharon
    July 18, 2012
    Contributed to 21 other loans
  • Merilee
    July 18, 2012
    Contributed to 23 other loans
  • Frances
    July 19, 2012
    Contributed to 19 other loans

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