Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Artemia is from Mexico. She needs a loan of $475 to buy eggs, oil, milk, soft drinks, beans, rice, sugar, soup, soap, and toilet paper.
Artemia runs a convenience store to help her husband pay for the family's expenses. She will improve her business by using a loan from World Vision to invest in goods like eggs, oil, milk, soft drinks, beans, rice, sugar, soup, soap, and toilet paper to sell in her store.
She will continue to invest in quality merchandise so that she can meet her customers' needs. She also wants to redesign her shop so that it is larger and offers a broader range of products.
Artemia is very excited because she believes that the loan will help her expand her business, which will enable her to improve her family's quality of life. Artemia's younger daughter, Alondra, is attending nursing school, and Artemia will use her additional income to pay for Alondra's 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.
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 Artemia Olivera Vicente to expand her food and grocery business. After receiving the loan from World Vision, she invested the $475 to buy eggs, oil, milk, soft drinks, beans, rice, sugar, soup, soap, and toilet paper. Artemia has been repaying her loan on time with her new profits. She makes weekly payments of $23.
In addition to repaying her loan, Artemia is using additional income to buy supplies in bulk and pay for transportation.
Thank you for supporting Artemia and World Vision Micro!
Thank you for supporting the small loan for Artemia Olivera vicente to improve her food and grocery business. She invested her loan of $475 to buy eggs, oil, milk, soft drinks, beans, rice, sugar, soup, soap, and toilet paper to sell.
Artemia has now repaid her loan in full. In addition to repaying her loan, Artemia has used her additional income to purchase food for the family, buy supplies in bulk and pay for transportation.
The loan Artemia received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Artemia hopes to expand the current business and take out another loan.
Thank you for your support of Artemia and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.