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Florentino Lopez Cruz

Start Date: April 15, 2010

Florentino Lopez Cruz is from El Calvario de Buenavista, Mexico. He has 2 children. He needs a loan of $425 to purchase a variety of groceries to sell.

Commerce
City:
El Calvario de Buenavista
Community:
Najhe ADP
Country:
Mexico
other entrepreneurs here El Calvario de Buenavista, Mexico

Summary

Florentino Lopez Cruz is from El Calvario de Buenavista, Mexico. He has 2 children. He needs a loan of $425 to purchase a variety of groceries to sell.

  • Top Goals To purchase a variety of groceries to sell
  • Children Helped 2

Florentino's Story

Florentino is a grocery store owner. He would like to obtain a loan for purchasing milk, eggs, oil, rice, beans, soap, cleaning supplies, shampoo, canned food, soft drinks, and juice.

Florentino is hopping to grow his business for his success. His children depend on his success. Florentino wants his children to get an education and move forward. Florentino hopes his children remain in school.

Florentino is thankful to those who will fund his loan.

Florentino lives in Calvario de Buenavista, Mexico; he is single and he lives with his two children.

Industry Info

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.

Summary

Florentino Lopez Cruz is from El Calvario de Buenavista, Mexico. He has 2 children. He needs a loan of $425 to purchase a variety of groceries to sell.

  • Top Goals To purchase a variety of groceries to sell
  • Children Helped 2

Florentino's Community

Home to a primarily ethnic Mazahua population, the community of Najhé is located in a mountainous region in northeastern Mexico State. The climate is sub-humid, but temperatures are typically cool due to the region’s high elevation. Windstorms are common during the early spring, followed by heavy rains in the summer and frost in the winter.

Women in Najhé continue to wear typical Mazahua dress, and some community members uphold traditional artisan practices, producing pottery, woodwork, and crafts made of wool. The primary economic activity is agriculture. Squash, beans, and fruit are grown for consumption, while corn is grown both to eat and to sell.

World Vision’s work in Najhé includes agricultural assistance to improve nutrition and family incomes; vocational training and tutoring sessions; and self-esteem workshops. We are also working to improve health conditions by training volunteers who can educate community members and by providing housing materials that will contribute to better living environments.

Summary

Florentino Lopez Cruz is from El Calvario de Buenavista, Mexico. He has 2 children. He needs a loan of $425 to purchase a variety of groceries to sell.

  • Top Goals To purchase a variety of groceries to sell
  • Children Helped 2

Florentino's Mid Term Update October 06, 2010

Mr. Florentino used the loan that World Vision had given him to invest in his grocery store. He bought soap, oil, eggs and refreshments.

He has been able to cover his personal as well as his family expenses, and he even has had enough to continue investing in his business.

He considers himself to be a very responsible person. And up to now he has been able to make his loan payments on time.

The loan and his good administration helped him to buy a car and pay for his children's school needs.

He's very grateful to World Vision for the support and he says that the loan program works great when people know how to manage the money and the credit.

Thank you for supporting Florentino and World Vision Micro!

Florentino's Final Update November 24, 2010

Florentino

Mr. Florentino says that now he has a greater variety of products in his grocery store. People find what they need there without having to go to the center of the town of San Felipe. He has the same merchandise at the same price that the stores in town. He says that the loan has allowed him to increase his sales business is great.

He now has the financial resources to invest and cover his household expenses because the people who come to his store can find the products that they need without having to walk far, and they pay the same prices.

Mr. Florentino says that he has been able to make the loan payments, and have enough money to pay for the food and the household expenses. He says that when one has the will to work things go well, but when a person is lazy, then everything becomes a very heavy burden.

He's very grateful for the opportunity that he has been given, and he wants to continue counting on future loans because he still needs to buy other merchandise that his clients request. He also wants to buy a glass cabinet to better display his products.

His goal is to expand his business. He also wants to provide better for his family. He hopes not to have to depend on loan anymore, but for right now he needs to continue investing to grow his business.

Mr. Florentino says that now he has a greater variety of products in his grocery store. People find what they need there without having to go to the center of the town of San Felipe. He has the same merchandise at the same price that the stores in town. He says that the loan has allowed him to increase his sales business is great.

He now has the financial resources to invest and cover his household expenses because the people who come to his store can find the products that they need without having to walk far, and they pay the same prices.

Mr. Florentino says that he has been able to make the loan payments, and have enough money to pay for the food and the household expenses. He says that when one has the will to work things go well, but when a person is lazy, then everything becomes a very heavy burden.

He's very grateful for the opportunity that he has been given, and he wants to continue counting on future loans because he still needs to buy other merchandise that his clients request. He also wants to buy a glass cabinet to better display his products.

His goal is to expand his business. He also wants to provide better for his family. He hopes not to have to depend on loan anymore, but for right now he needs to continue investing to grow his business.

Florentino has repaid hisloan in full. These loan funds are now available to help another worthy entrepreneur in his community. Thank you for supporting Florentino and World Vision Micro!

Total Amount
$425

Amount Raised To Date

$425
100%

Help Florentino

10 Donors

  • Philip
    June 23, 2010
    Contributed to 1 other loans
  • Jana
    July 19, 2010
    Contributed to 0 other loans
  • Karen
    July 30, 2010
    Contributed to 9 other loans
  • Chai
    August 09, 2010
    Contributed to 0 other loans
  • Salvador
    August 14, 2010
    Contributed to 29 other loans
  • Stephanie
    August 15, 2010
    Contributed to 2 other loans
  • Malcolm
    August 15, 2010
    Contributed to 1 other loans
  • Roman
    August 16, 2010
    Contributed to 2 other loans
  • Daniel
    August 17, 2010
    Contributed to 12 other loans
  • Collin
    August 18, 2010
    Contributed to 5 other loans

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