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Georgina M

Georgina is from Mexico. She has 2 children. She needs a loan of $475 to buy milk, salt and rennet .

Commerce
Community:
Cuajinicuilapa
Country:
Mexico
other entrepreneurs here Mexico

Summary

Georgina is from Mexico. She has 2 children. She needs a loan of $475 to buy milk, salt and rennet .

  • Top Goals To buy milk, salt and rennet
  • Children Helped 2

Georgina's Story

Georgina is married with two children: Alexis and Areli who are attending kindergarten. Georgina is hardworking and ambitious. She has been producing and selling cheese for nine years and chose this activity because it was a very profitable line of work in her community with little competition. Of course, she was also thinking about improving the living conditions of her family.

A World Vision microloan will help Georgina to invest in her business by purchasing, in bulk, milk, salt and rennet. She is confident that with the loan proceeds, she can expand the business and attract more customers. Georgina also has a plan for the future: to buy the right machinery to help her produce more cheese at once for increasing her sales and profits.

The additional income will ensure her children's education and allow Georgina to save to buy the machinery she needs for higher cheese productivity and, ultimately, higher profits.

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Industry Info

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.

Georgina's Community

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.

Georgina's Mid Term Update August 19, 2012

Thank you for supporting a small business loan for Georgina Moreno Torres to expand her food and manufacturing business where she sells cheese. After receiving the loan from World Vision, she invested the $475 to buy milk, salt and rennet.

Georgina has been repaying her loan on time with her new profits. She makes weekly payments of $29.

In addition to repaying her loan, Georgina is using the additional income to purchase food for the family, buy supplies in bulk and purchase school supplies. Georgina's children continue to study in school.

Thank you for supporting Georgina and World Vision Micro!

Georgina's Final Update October 14, 2012

Georgina

Thank you for supporting the small loan for Georgina Moreno Torres to improve her cheese manufacturing business. She invested her loan of $475 to buy milk, salt and rennet.

Georgina has now repaid her loan in full. In addition to repaying her loan, Georgina has used her additional income to purchase food for the family, buy supplies in bulk and pay for transportation.

Georgina's 2 children continue to study in school.

The loan Georgina received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Georgina hopes to expand her current business and take out another loan.

Thank you for your support of Georgina and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$475

Amount raised

$475
$475
100%

Help Georgina

4 Donors

  • Matthew
    June 16, 2012
    Contributed to 0 other loans
  • Ann Marie
    June 22, 2012
    Contributed to 11 other loans
  • Ryan
    June 23, 2012
    Contributed to 6 other loans
  • Jeffrey
    June 24, 2012
    Contributed to 49 other loans

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