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Florentino is from Mexico. He has 1 child. He needs a loan of $400 to buy lollipops, gums, juices, chips, and popcorn.
Florentino is from Mexico. He has 1 child. He needs a loan of $400 to buy lollipops, gums, juices, chips, and popcorn.
Florentino is starting up a sweet shop to support his wife, Reyna, and small daughter. He will use a loan from World Vision to buy merchandise like lollipops, gums, juices, chips, and popcorn.
Florentino has earned enough money to pay for his house and family expense until now, and the loan will help him benefit his family even more as he starts this new business. He will continue investing in his business, as his goal is to rent or build a store where he can run his sweet shop.
The additional income that Florentino makes will enable him to continue improving his business and providing for his wife and daughter. He hopes to keep improving his family's quality of life.
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.
Residents of the community of Cuajinicuilapa are primarily a mix of native Mexicans and Africans, who originally arrived with the Spanish conquistador Hernan Cortes. The region’s close proximity to the coast enables residents to participate in a wide range of economic activities, including commerce, agriculture, and fishing.
In Cuajinicuilapa, World Vision is working to improve healthcare and has conducted HIV- and AIDS-awareness campaigns, formed support groups, provided testing, and trained community members to care for those who are affected by the disease. We have also emphasized the importance of education to parents and trained community leaders to provide tutoring to students, helping them improve academic performance.
Thank you for supporting a small business loan for Florentino Pablo Santiago to expand his food and grocery business. After receiving the loan from World Vision, he invested the $400 to buy lollipops, gums, juices, chips, and popcorn. Florentino has been repaying his loan on time with his new profits. He makes weekly payments of $25 .
In addition to repaying his loan, Florentino is using additional income to purchase food for his family and buy supplies in bulk. Florentino's child continues to study in school.
Thank you for supporting Florentino and World Vision Micro!
Thank you for supporting the small loan for Florentino Pablo Santiago to improve his food and grocery business. He invested his loan of $400 to buy lollipops, gums, juices, chips, and popcorn.
Florentino has now repaid his loan in full. In addition to repaying his loan, Florentino has used his additional income to purchase food for the family, pay for transportation, and start a new business.
Florentino's child continues to study in school.
The loan Florentino received helped his business expand and the profits he is earning is creating lasting improvements in his life. In the future, Florentino hopes to expand her current business and take out another loan.
Thank you for your support of Florentino and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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