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Fulgencia B

Fulgencia is from Mexico. She needs a loan of $400 to buy chili peppers, tomatoes, radishes, and lettuce.

Commerce
Community:
Cuajinicuilapa ADP
Country:
Mexico
other entrepreneurs here Mexico

Summary

Fulgencia is from Mexico. She needs a loan of $400 to buy chili peppers, tomatoes, radishes, and lettuce.

  • Top Goals To buy chili peppers, tomatoes, radishes, and lettuce...

Fulgencia's Story

Fulgencia has been selling produce such as chili peppers, tomatoes, radishes, and lettuce for more than twenty years. She will use the loan from World Vision to buy a variety of vegetables.

Fulgenica is sixty-five years old, and she has six grown children. Her husband, Ramiro, is a land worker. She and Ramiro have worked hard all their lives, so the family has never suffered need.

The loan will encourage Fulgencia to continue improving her business, which will help her improve her family's living conditions. In the future, she would like to have a building where she can sell her vegetables and receive more clients.

By increasing her earnings, Fulgencia will have a way to save up for her future and keep buying the supplies that she needs.

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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.

Fulgencia'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.

Fulgencia's Mid Term Update August 26, 2012

Fulgencia

Thank you for supporting the small loan for Fulgencia Benigno Zantana to improve her produce selling business. She invested her loan of $400 to buy chili peppers, tomatoes, radishes, and lettuce.

Fulgencia has now repaid her loan in full. She used her additional income to purchase food and other basic necessities for her family, buy supplies in bulk, and pay for transportation.

The profits she is earning create lasting improvements in her life. In the future Fulgencia hopes to take out another loan and expand her business further.

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

Total Amount
$400

Amount raised

$400
$400
100%

Help Fulgencia

1 Donors

  • Peter
    July 01, 2012
    Contributed to 58 other loans

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