Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Dolores is from Mexico. She needs a loan of $475 to purchase various candies for sweet shop.
Dolores Vazquez Lopez is 36 years old, married, with two children: Alicia and Roberto. They are in junior high and elementary school. Dolores has had a sweet shop for 8 years that she enjoys very much. She decided to work in this field to find a way to help support her family. Although she is earning enough to meet basic needs and to support her children, she needs a loan to buy more candy stock.
A World Vision microloan will allow Dolores to buy items, in bulk for lower prices, such as lollipops, gum, chips, popcorn, juices, etc. which she can then sell for higher profits. Her goal is to re-invest in her business by saving money to buy a refrigerator to sell greater quantities of sodas.
Her additional profits will give Dolores' family a better quality of life and education. She will continue investing in her business to remain solvent and continue providing for her family.
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 Dolores Velazquez lopez to expand her food and retail business. After receiving the loan from World Vision, she invested the $475 to purchase various candies for her sweet shop. Dolores has been repaying her loan on time with her new profits. She makes weekly payments of $29 .
In addition to repaying her loan, Dolores is using additional income to purchase food for her family, buy supplies in bulk and pay for transportation. Dolores's 2 children continue to study in school.
Thank you for supporting Dolores and World Vision Micro!
Thank you for supporting the small loan for Dolores Velazquez Lopez to improve her food and retail business. She invested her loan of $475 to purchase various types of candies for her sweet shop.
Dolores has now repaid her loan in full. In addition to repaying her loan, Dolores has used her additional income to purchase food for the family, buy supplies in bulk and pay for transportation.
Dolores's 2 children continue to study in school.
The loan Dolores received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Dolores hopes to expand her current business and take out another loan.
Thank you for your support of Dolores and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.