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Rafaela S

Rafaela is from Mexico. She needs a loan of $475 to buy women's underwear and clothes to sell.

Commerce
Community:
Vicente Camalote
Country:
Mexico
other entrepreneurs here Mexico

Summary

Rafaela is from Mexico. She needs a loan of $475 to buy women's underwear and clothes to sell.

  • Top Goals To buy women's underwear and clothes to sell
  • Dependants Helped 3

Rafaela's Story

Rafaela is a married mother of four and lives with her family in a community called "La Defensa", in a sugar cane region. Ten years ago, Rafaela started her own clothing sales business to help her husband with the family expenses and to pay for her children's school fees. She would like to purchase more clothes and undergarments to sell door-to-door, but she has not had the extra money to do so.

The loan from Would Vision is going to enable Rafaela to expand and grow her business. The income she earns will allow her to help meet her family's needs, pay for her children's education, and to invest in her business.

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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.

Rafaela's Community

The community of Vincente Camalote is located in the state of Oaxaca, about two hours from the city of Tierra Blanca. The climate is warm and the landscape is lush and green. Many residents participate in agriculture, primarily harvesting sugar cane. Other economic activities include commerce and fishing.

World Vision is working to improve the health of families in Vincente Camalote by providing housing materials for the improvement of living spaces; restoring water tanks for access to clean water; and supporting medical treatment and HIV- and AIDS-awareness campaigns. We are also supporting education by training teachers and tutors and providing spiritual-formation workshops for teens.

Rafaela's Mid Term Update September 25, 2012

Thank you for supporting a small business loan for Rafaela Sandoval Diaz to expand her clothing and retail business. After receiving the loan from World Vision, she invested the $475 to buy women's underwear and clothes to sell. Rafaela has been repaying her loan on time with her new profits. She makes weekly payments of $23.

In addition to repaying her loan, Rafaela is using additional income to buy supplies in bulk and expand the current business. Rafaela's 3 children continue to study in school.

Thank you for supporting Rafaela and World Vision Micro!

Rafaela's Final Update December 04, 2012

Rafaela

Thank you for supporting the business loan for Rafaela Sandoval Diaz to improve her clothing business. She invested her loan of $475 to buy women's underwear and more clothes to sell.

Rafaela has now repaid her loan in full.

In addition to repaying her loan, Rafaela has used her income to buy supplies in bulk and expand her current business.

Rafaela's three children continue to study in school.

The loan Rafaela received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Rafaela hopes to send children to school, repair her home.

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

Total Amount
$475

Amount raised

$475
$475
100%

Help Rafaela

1 Donors

  • Peter
    July 17, 2012
    Contributed to 58 other loans

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