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Xochilt is from Mexico. She has 2 children. She needs a loan of $400 to buy t-shirts, shirts, dresses, blouses, shorts, skirts, trousers, and underclothes.
Xochilt is from Mexico. She has 2 children. She needs a loan of $400 to buy t-shirts, shirts, dresses, blouses, shorts, skirts, trousers, and underclothes.
Xochitl sells clothes to help her husband, Danis, pay for the family's necessities. She will use a loan from World Vision to buy t-shirts, shirts, dresses, blouses, shorts, skirts, trousers, and underclothes.
She has been facing economic problems, as she did not have enough money to continue investing in her business and supporting her family. She is sure, however, that the loan will improve her situation. Xochitl is a hard worker, and with an economic boost she will be able to secure a steady income.
One of her goals is to invest more in her business because she wants to build a shop where she can sell her clothing. Xochitl and Danis have two children; Amairani is in third grade, and Yobani is two years old. Xochitl plans to continue improving her business so that she can afford her children's education.
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 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 Xochilt Martinez Gonzalez to expand her clothing and retail business. After receiving the loan from World Vision, she invested the $400 to buy t-shirts, shirts, dresses, blouses, shorts, skirts, trousers, and underclothes. Xochilt has been repaying her loan on time with her new profits. She makes weekly payments of $20.
In addition to repaying her loan, Xochilt is using additional income to purchase food for the family, buy supplies in bulk and pay for transportation. Xochilt's 2 children continue to study in school.
Thank you for supporting Xochilt and World Vision Micro!
Thank you for supporting the small loan for Xochilt Martinez Gonzalez to improve her clothing and retail business. She invested her loan of $400 to buy t-shirts, shirts, dresses, blouses, shorts, skirts, trousers, and underclothes to resell to customers.
Xochilt has now repaid her loan in full. In addition to repaying her loan, Xochilt has used her additional income to buy supplies in bulk, purchase school supplies for her children, and pay for transportation.
Both of Xochilt's two children continue to study in school.
The loan Xochilt received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Xochilt hopes to expand the current business and take out another loan.
Thank you for your support of Xochilt and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.