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Virginia is from Mexico. She needs a loan of $400 to buy ingredients to prepare homemade snacks to sell.
Virginia is from Mexico. She needs a loan of $400 to buy ingredients to prepare homemade snacks to sell.
Virginia lives in a community in the state of Oaxaca named Acatlan, which is well-known for being an important sugar cane area. Not far from there, the sugar mill "La Margarita" is located. In this sweet area, Virginia is known for delighting people with her food.
She began selling treats two years ago. She prepares typical Mexican snacks such as pasties, fried bananas, and fried tacos. She also sells cookies, candy, and sodas to earn additional income.
Virginia has an excellent place to sell her food: she is part of the student store at Miguel Hidalgo High School in her community. She usually gets up very early in the morning to prepare all the food in order to reach the school before break time.
A loan from World Vision will help her buy ingredients to continue running her business, such as tomatoes, chilies, salt, sugar, bananas, onions, cooking oil, sodas, and candy.
Virginia, 23, has high hopes that her loan will help her business. She knows she needs to give her best to have a thriving business, and to reach a higher standard of living as well.
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 Virginia Moreno Roque to expand her food and grocery business.
After receiving the loan from World Vision, she invested the $400 to buy ingredients to prepare homemade snacks to sell.
Virginia has been repaying her loan on time with her new profits. She makes weekly payments of $20.
In addition to repaying her loan, Virginia is using additional income to buy supplies in bulk and expand the current business.
Thank you for supporting Virginia and World Vision Micro!
Thank you for supporting the small loan for Virginia Moreno Roque to improve her snack food business at the local high school. She invested her loan of $400 to buy ingredients to prepare homemade snacks to sell.
Virginia has now repaid her loan in full. She has used her additional income to buy supplies in bulk.
The profits she is earning create lasting improvements in her life. In the future Virginia hopes to repair or expand their home, take out another loan, and expand her business further.
Thank you for your support of Virginia and World Vision Micro. These funds are now being recycled to support another deserving entrepreneur in the same community.
