Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Maria Del Carmen is from Mexico. She needs a loan of $550 to buy goods like candy and soft drinks for her convenience store.
Maria is a single twenty-three year old who runs a convenience store. Thanks to her parents' support, she has gained valuable business experience so that her store can succeed. She will use a loan from World Vision to buy products like candy and soft drinks for her store.
Maria is a determined and enterprising person, but she has trouble keeping up with the fierce competition. She is confident that she can overcome her financial difficulties with the help of the loan.
Stocking up her store will help her increase her sales, which will give her more capital to enlarge her store and offer more products to her customers. Maria's community will benefit from having easy access to the products that she plans to carry.
Maria will use the additional income to improve her family's quality of living.
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.
Home to a primarily ethnic Mazahua population, the community of Najhé is located in a mountainous region in northeastern Mexico State. The climate is sub-humid, but temperatures are typically cool due to the region’s high elevation. Windstorms are common during the early spring, followed by heavy rains in the summer and frost in the winter.
Women in Najhé continue to wear typical Mazahua dress, and some community members uphold traditional artisan practices, producing pottery, woodwork, and crafts made of wool. The primary economic activity is agriculture. Squash, beans, and fruit are grown for consumption, while corn is grown both to eat and to sell.
World Vision’s work in Najhé includes agricultural assistance to improve nutrition and family incomes; vocational training and tutoring sessions; and self-esteem workshops. We are also working to improve health conditions by training volunteers who can educate community members and by providing housing materials that will contribute to better living environments.
Thank you for supporting a small business loan for Maria del Carmen Plata Garduño to expand her convenience store. After receiving the loan from World Vision, she invested the $550 to buy goods such as candy and soft drinks for her tore.
Maria Del Carmen has been repaying her loan on time with her new profits. She makes weekly payments of $32.
In addition to repaying her loan, Maria del Carmen is using additional income to purchase food for the family and further expand the business. Maria del Carmen is extremely appreciative of your generosity.
Thank you for supporting Maria del Carmen and World Vision Micro!
Thank you for supporting the small loan for Maria Del Carmen Plata Garduño to improve her grocery and health/beauty business. She invested her loan of $550 to buy goods like candy and soft drinks for her convenience store.
Maria Del Carmen has now repaid her loan in full. In addition to repaying her loan, Maria Del Carmen has used her additional income to purchase food for the family and expand the current business.
The loan Maria Del Carmen received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Maria Del Carmen hopes to repair or expand their home, expand the current business and take out another loan.
Thank you for your support of Maria Del Carmen and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.