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Maricruz is from Mexico. She has 1 child. She needs a loan of $400 to buy more clothing garments to sell.
Maricruz is from Mexico. She has 1 child. She needs a loan of $400 to buy more clothing garments to sell.
MariCruz is 38 years old. She studied law and her husband is a teacher. Their son, Nan, is 18 years old and is in high school. They live in Tetela, a small community in the state of Oaxaca. It is known for its sugar plantations. Fifteen minutes away is La Margarita, a source of significant employement for Tetela´s community.
For fifteen years, Mrs. Maricruz has sold garments among her friends and neighbours. She is challenged by lack of money for adequate stock in her clothing store. She's requesting a World Vision microloan to buy more garments and have more products to offer to her clients. Her main goal is to increase her sales and assure that her customers feel satisfied with the products and the service.
The additional income will allow her to help her husband with the family expenses and offer her son the chance to continue with his studies in university. Having additional income will set the ideal context for MariCruz's family to have an improved economic situation.
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 community of Vincente Camalote is located in the state of Oaxaca, about two hours from the city of Tierra Blanca. The climate is warm and the landscape is lush and green. Many residents participate in agriculture, primarily harvesting sugar cane. Other economic activities include commerce and fishing.
World Vision is working to improve the health of families in Vincente Camalote by providing housing materials for the improvement of living spaces; restoring water tanks for access to clean water; and supporting medical treatment and HIV- and AIDS-awareness campaigns. We are also supporting education by training teachers and tutors and providing spiritual-formation workshops for teens.
Thank you for supporting a small business loan for Maricruz Macuixtle Casquehua to expand her clothing and retail business. After receiving the loan from World Vision, she invested the $400 to buy more clothing garments to sell. Maricruz has been repaying her loan on time with her new profits. She makes weekly payments of $25 .
In addition to repaying her loan, Maricruz is using additional income to buy supplies in bulk and expand the current business. Maricruz's child continues to study in school.
Thank you for supporting Maricruz and World Vision Micro!
Thank you for supporting the small loan for Maricruz Macuixtle Csquehua to improve her clothing and retail business. She invested her loan of $400 to buy more clothing garments and shoes to sell.
Maricruz has now repaid her loan in full. In addition to repaying her loan, Maricruz has used her additional income to buy supplies in bulk and expand her current business.
Maricruz's child continues to study in school.
The loan Maricruz received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Maricruz hopes to repair or expand their home and expand her current business.
Thank you for your support of Maricruz and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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