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Leslie is from Mexico. She needs a loan of $550 to buy different types of candy, juices, snacks, and sodas.
Leslie is from Mexico. She needs a loan of $550 to buy different types of candy, juices, snacks, and sodas.
Leslie owns a small candy shop to help her husband with the family expenses. She will use a loan from World Vision to buy more candy and other products like juices, snacks, and sodas.
Leslie and her family have never faced severe poverty because her business has kept them supplied with the food and supplies they most need. She is confident that the loan will improve her business and thus improve her family's living conditions.
In the future, Leslie would like to have an establishment where she can store and display a larger quantity of products. Leslie and her husband, Gerardo, have a son named Francisco in kindergarten. Leslie hopes to have up enough money to provide Francisco with a good 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.
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 Leslie Vargas Gaspar to expand her candy shop business. After receiving the loan from World Vision, she invested the $550 to buy different types of candy, juices, snacks, and sodas.
Leslie has been repaying her loan on time with her new profits. She makes weekly payments of $34.
In addition to repaying her loan, Leslie is using additional income to purchase food for the family, buy supplies in bulk and pay for transportation. Leslie's young child continues to study in school.
Thank you for supporting Leslie and World Vision Micro!
Thank you for supporting the small loan for Leslie Vargas Gaspar to improve her candy shop business. She invested her loan of $550 to buy different types of candy, juices, snacks, and sodas.
Leslie has now repaid her loan in full. In addition to repaying her loan, Leslie has used her additional income to purchase food for the family, pay for transportation, and start a new business.
Leslie's child continues to study in school.
The loan Leslie received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Leslie hopes to expand her current business and take out another loan.
Thank you for your support of Leslie and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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