Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Reyna is from Mexico. She needs a loan of $550 to buy stock of shirts, t-shirts, blouses, skirts, trousers, dresses, etc. .
Known in the past as “Potzahualco” (Place Plentiful of Water in Nahuatl), Marquelia is a municipality in the state of Guerrero surrounded by rivers, creeks, lagoons, beautiful beaches and a waterfall. It is also a region full of tropical plantations: coconut, guava, tamarind, papaya, banana and hibiscus. Reyna, her husband and her four children live in this beautiful land. She has been selling clothes for almost five years and now wants to find a way to improve the living conditions of her family.
A World Vision microloan will allow Reyna to buy different garments to enlarge her stock and make her more competitive. Reyna is very motivated to give the best of herself to have a successful business. She wants to eventually get her own business establishment where she will be able to display all the garments and have more space to sell more articles of clothing.
By increasing her income, Reyna will get the opportunity for a better quality of life by saving money for the future and reinvesting in the clothing store buying popular goods for good profits.
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.
The small community of Rio Santa Catarina, which derives its name from a local river, has a mountainous terrain and warm climate. Economic opportunities in this community are diverse as a result of its close proximity to the growing city of Ometepec.
In Rio Santa Catarina, World Vision is assisting farmers with production and marketing; educating families on disaster preparedness; and working to improve education through tutoring and teacher training. We are also providing healthcare services, nutritional training, and housing assistance.
Thank you for supporting a small business loan for Reyna Cruz dionicio to expand her clothing and retail business. After receiving the loan from World Vision, she invested the $550 to buy stock of shirts, t-shirts, blouses, skirts, trousers, dresses, etc. Reyna has been repaying her loan on time with her new profits. She makes weekly payments of $27 .
In addition to repaying her loan, Reyna is using additional income to purchase food for the family, buy supplies in bulk and pay for transportation. Reyna's 2 children continue to study in school.
Thank you for supporting Reyna and World Vision Micro!
Thank you for supporting the small loan for Reyna Cruz Dionicio to improve her clothing and retail business. She invested her loan of $550 to buy additional stock of shirts, t-shirts, blouses, skirts, trousers, dresses, etc.
Reyna has now repaid her loan in full. In addition to repaying her loan, Reyna has used her additional income to purchase food for the family, buy supplies in bulk and pay for transportation.
Both of Reyna's children continue to study in school.
The loan Reyna received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Reyna hopes to take out another loan and continue to expand the current business.
Thank you for your support of Reyna and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.