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Elia B

Elia is from Mexico. She has 4 children. She needs a loan of $400 to purchase groceries for her store .

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

Summary

Elia is from Mexico. She has 4 children. She needs a loan of $400 to purchase groceries for her store .

  • Top Goals To purchase groceries for her store
  • Children Helped 4
  • Number of Employees 1

Elia's Story

Mrs. Elia Benequen Ortela needs a loan to purchase products, including clay griddles, to stock her grocery store with. She wants to grow her business so that she may have enough food to eat.

Her goals are to earn a living, purchase another motorboat because hers is old, and open an additional store in order to earn more profit. Maria is very thankful for this opportunity to take out a loan.

Elia is 40-years-old, single, and has four children who are all grown. She lives in the town of Capilla in Oaxaca, Mexico.

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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.

Elia'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.

Elia's Mid Term Update October 04, 2010

Mrs. Elia sells fish and handicrafts to earn her living. She is from Cancun, in a closer community to Capilla. She has to cross the entire dam to fish. She is married. She helps take care of her family with the income she earns from her businesses. She had few customers when she started this business. Now, she has more customers and sells in more communities.

The loan made it possible for her to buy more fish and handicrafts to sell. She also bought metal hotplates, pots and other items. She would like to set up a locations in Cordoba city. In this way, her products would be better and she will not have to pay rent any more. She will get more profits. The money she saves can go towards buying more fish and handicrafts to provide a better service to her customers. She will also be able earn a larger income to buy things that her children need.

She is repaying her loan on schedule. Thank you for supporting Elia and World Vision Micro!

Elia's Final Update November 29, 2010

Elia

Mrs. Elia Benequen also sells groceries. She is happy because she will get other loan. She hopes to invest it in back into her businesses. She is married. However, her husband does not have a job because he has not been able to find work. Thank God, she has been able to support her family with her sales. She hopes to improve more her business more.

With her new loan she will be able to buy the things that she needs such as groceries, handicrafts and fish to sale. She hopes to do well with her new loan just as she has done with this last one. She would like to buy a new location in the city of Cordoba, because it is where she sells her products and where she has more customers.

With an increase in her income she will be able to buy things that her family needs. She could also purchase more inventory and be able to provide a better service to her customers. Elia has repaid her loan in full. These funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Elia and World Vision Micro!

Total Amount
$400

Amount raised

$400
$400
100%

Help Elia

4 Donors

  • Tony
    June 13, 2010
    Contributed to 90 other loans
  • Trisha
    July 18, 2010
    Contributed to 0 other loans
  • Stefanie
    August 06, 2010
    Contributed to 4 other loans
  • Gary
    August 09, 2010
    Contributed to 1 other loans

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