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Emma is from Mexico. She needs a loan of $475 to purchase more poultry to sell.
Emma is from Mexico. She needs a loan of $475 to purchase more poultry to sell.
Emma Dominguez Bustos is a 57 year old mother of two: Fernando and Cristian, and a wife to Humberto. Emma lives with her family in Santo Domingo, Guerrero. Emma work's very hard at her poultry business located within her local community, to help earn a living for her family.
With a loan from World Vision, Emma will be able to purchase more poultry for her store. She will also be able to expand her business, attract new customers and increase her income. With the addtional income, Emma will be able to provide better living conditions for her family, provide for their daily needs, pay for her childrens education and reinvest in her poultry business.
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 Emma Dominguez Bustos to expand her poultry business.
After receiving the loan from World Vision, she invested the $475 to purchase more poultry to sell.
Emma has been repaying her loan on time with her new profits. She makes weekly payments of $29.
In addition to repaying her loan, Emma is using additional income to purchase food for the animals, purchase food for the family, and buy supplies in bulk. Emma's 2 children continue to study in school.
Thank you for supporting Emma and World Vision Micro!
Thank you for supporting the small loan for Emma Dominguez Bustos to improve her poultry business. She invested her loan of $475 to purchase more poultry to sell.
Emma has now repaid her loan in full. In addition to repaying her loan, Emma has used her additional income to purchase food for the animals, buy supplies in bulk and pay for transportation.
Emma's 2 children continue to study in school.
The loan Emma received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Emma hopes to expand her current business and take out another loan.
Thank you for your support of Emma and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.