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Silvia is from Mexico. She has 1 child. She needs a loan of $400 to purchase various fruit, vegetables, chilies.
Silvia is from Mexico. She has 1 child. She needs a loan of $400 to purchase various fruit, vegetables, chilies.
Mrs. Silvia Hernandez Ortiz is 34 years old, married with one son. Silvia has been selling fruits and vegetables for over 6 years. She decided to sell fruit and vegetables as a means of helping her husband with some expenses and to improve her quality of life and economic solvency. She would like to expand her business and grow her customer base.
Silvia will invest a World Vision microloan in the purchase of bananas, apples, oranges, melons, mandarins, pears, chilies, tomatoes, potatoes, onions and more, in bulk quantity, to get better prices. Her goal is to reinvest in her business to keep increasing profits and to someday have her own fruit store. She is confident that she can achieve this plan with the profits that she will earn and with the support of the community.
The additional income will cause her life, business and family situation to improve substantially. She will be able to save money to continue investing in her fruit business and remain solvent.
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 Silvia Hernandez Ortiz to expand her fruit store. After receiving the loan from World Vision, she invested the $400 to purchase various fruit, vegetables, chilies.
Silvia has been repaying her loan on time with her new profits. She makes weekly payments of $25.
In addition to repaying her loan, Silvia is using additional income to purchase food for the family, buy supplies in bulk and pay for transportation. Silvia's young child continues to study in school.
Thank you for supporting Silvia and World Vision Micro!
Thank you for supporting the small loan for Silvia Hernandez ortiz to improve her food and grocery business. She invested her loan of $400 to purchase various fruit, vegetables, and chilies.
Silvia has now repaid her loan in full. In addition to repaying her loan, Silvia has used her additional income to purchase food for the family, buy supplies in bulk, and pay for transportation.
Silvia's child continues to study in school.
The loan Silvia received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Silvia hopes to expand her current business and take out another loan.
Thank you for your support of Silvia and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
