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Maria Isabel is from Mexico. She has 2 children. She needs a loan of $400 to buy inventory (for example underwear, blouses, shirts, trousers, skirts).
Maria Isabel is from Mexico. She has 2 children. She needs a loan of $400 to buy inventory (for example underwear, blouses, shirts, trousers, skirts).
Maria Isabel lives in Acatlan, an important sugar cane area in the state of Oaxaca, a few minutes away from the sugar mill "La Margarita". She is married to Jesus (a land worker) and they have two children Maria Celeste and Lluvia del Carmento. She has been selling clothes for 15 years to supplement her family's income and keep her children in school. She sells her clothes door-to-door, but also will do special orders for people in her community.
With a loan from World Vision, Maria Isabel will be able to enlarge her inventory with more clothes for men and women. She plans to reinvest the profits in her business and allow her daughters to attend university some day and to get a profitable job.
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 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.
Thank you for supporting a small business loan for Maria Isabel Luna Ramos to expand her clothing and retail business. After receiving the loan from World Vision, she invested the $400 to buy inventory (for example, underwear, blouses, shirts, trousers, skirts). Maria Isabel has been repaying her loan on time with her new profits. She makes weekly payments of $20.
In addition to repaying her loan, Maria Isabel is using additional income to buy supplies in bulk and expand the current business. Maria Isabel's 2 children continue to study in school.
Thank you for supporting Maria Isabel and World Vision Micro!
Thank you for supporting the business loan for Maria Isabel Luna Ramos to improve her clothing business. She invested her loan of $400 to buy inventory (for example underwear, blouses, shirts, trousers, skirts).
Maria Isabel has now repaid her loan in full.
In addition to repaying her loan, Maria Isabel has used her income to buy supplies in bulk and expand her current business.
Maria Isabel's two children continue to study in school.
The loan Maria Isabel received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Maria Isabel hopes to send other children to school and repair her home.
Thank you for your support of Maria Isabel and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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