Mairani Hernandez Benequen is from Capilla Acatlan de Perez Figueroa, Mexico. She has 1 child. She needs a loan of $250 to start a business selling clothes .
Mairani Hernandez Benequen is from Capilla Acatlan de Perez Figueroa, Mexico. She has 1 child. She needs a loan of $250 to start a business selling clothes .
Mairani Hernandez Benequen needs a loan to start a business selling clothes. She believes that, with a loan, she will be able to invest in her business and sell a lot of clothing. A loan will help her business to grow, empower her to sell more, and enable her to reinvest so that she can make a living for her and her son.
Mairani is 19-years-old, single, and has one son. She lives in a house made of cement blocks and sheet metal in the town of Capilla, Oaxaca, Mexico.
Mairani wants to give her son a better education so, in the future he, will be a good citizen. Mairani’s goal is to open a clothing stand and offer her son a better quality of life.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.
Mairani Hernandez Benequen is from Capilla Acatlan de Perez Figueroa, Mexico. She has 1 child. She needs a loan of $250 to start a business selling clothes .
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.
Mairani Hernandez Benequen is from Capilla Acatlan de Perez Figueroa, Mexico. She has 1 child. She needs a loan of $250 to start a business selling clothes .
Mairani opened her clothes store and is profiting well in her sales of: blouses, dresses and skirts. She used to depend on her husband's financial support, but now she makes enough profits to be able to provide the daily needs to her family.
She is receiving requests for male clothing items, and she would like to support those within her community. Her plan is to purchase the items of need and to sell both women and men clothing attire. She knows that this will increase her profits and create a popular clothing boutique.
With the increase of future profits, Mairani would be able to provide the necessary items for her child and in return provide better service within her community.
Thank you for supporting Mairani and World Vision Micro!
Mairani used her loan to purchase additional items that would support the demands of the men in her community. Unfortunately, since then her sales have decreased and she is willing to wait until sales have improved before asking for an additional loan credit. She does not want to ask of something just to ask for it.
Currently she is not relying on the sales of her clothing store to provide for her family's needs. She could purchase more clothing with the loan funds, but feels that this might cause her to fail on the loan repayments. Because the clothing in her store is not at a high demand status right now. Mairani does not want to fail on her credit payment.
Her future business goals are to grow her clothing store and move it to a location within a bigger town. By doing this, she is aware that it would increase her customers and profits. She could then invest more of those profits in purchasing a larger variety of clothing for her costumers and to give them a better quality of service. She is encouraged to consider re-enrolling in the microfinance program so that she could begin again.
Despite the fact that World vision boasts a 98.7% repayment rate, there will always be some loans that do not get fully repaid. While World Vision does everything it can to ensure that this does not happen, it is an unfortunate reality that must be recognized when providing loans to less fortunate populations. We hope you will continue to support them by praying for their business and family. Once again, that you for supporting World vision Micro!