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Lizbeth is from Mexico. She needs a loan of $400 to buy chili peppers, tomatoes, onions, cooking oil, table salt, cheese, rice, beans, chickens, meat, maize, and firewood.
Lizbeth is from Mexico. She needs a loan of $400 to buy chili peppers, tomatoes, onions, cooking oil, table salt, cheese, rice, beans, chickens, meat, maize, and firewood.
Lizbeth sells Mexican snacks to support her family. She will use the loan from World Vision to buy chili peppers, tomatoes, onions, oil, salt, cheese, rice, beans, chickens, meat, maize, and firewood.
Lizbeth has not had any severe economic problems because her business is doing well. She makes good profits to cover her major needs and continue investing in her business. She wants to build a small restaurant and provide better service to her customers. She is confident that she will reach her goals with the profits that she will make through the loan.
Lizbeth and her husband, Rene, have two young sons. The loan will benefit the whole family because Lizbeth will use her profits to support her family and to pay the expenses for her sons' education.
In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.
The small community of Rio Santa Catarina, which derives its name from a local river, has a mountainous terrain and warm climate. Economic opportunities in this community are diverse as a result of its close proximity to the growing city of Ometepec.
In Rio Santa Catarina, World Vision is assisting farmers with production and marketing; educating families on disaster preparedness; and working to improve education through tutoring and teacher training. We are also providing healthcare services, nutritional training, and housing assistance.
Thank you for supporting a small business loan for Lizbeth Clemente ruiz to expand her food and services business. After receiving the loan from World Vision, she invested the $400 to buy chili peppers, tomatoes, onions, cooking oil, table salt, cheese, rice, beans, chickens, meat, maize, and firewood.
Lizbeth has been repaying her loan on time with her new profits. She makes weekly payments of $20.
In addition to repaying her loan, Lizbeth is using additional income to purchase food for her family, buy supplies in bulk and pay for transportation. Lizbeth's 2 children continue to study in school.
Thank you for supporting Lizbeth and World Vision Micro!
Thank you for supporting the small loan for Lizbeth Clemente Ruiz to improve her food and services business. She invested her loan of $400 to buy chili peppers, tomatoes, onions, cooking oil, table salt, cheese, rice, beans, chickens, meat, maize, and firewood.
Lizbeth has now repaid her loan in full. In addition to repaying her loan, Lizbeth has used her additional income to purchase food for her family, buy supplies in bulk and pay for transportation.
Lizbeth's two children continue to study in school.
The loan Lizbeth received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Lizbeth hopes to expand the current business and take out another loan.
Thank you for your support of Lizbeth and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.