Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
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Maria Del Carmen is from Mexico. She needs a loan of $475 to buy beans, rice, cooking oil, flour, mixes, table salt, sugar, cookies, candy, soda, tomatoes, chilies, onions, canned food, toilet paper and soap.
Maria Del Carmen is from Mexico. She needs a loan of $475 to buy beans, rice, cooking oil, flour, mixes, table salt, sugar, cookies, candy, soda, tomatoes, chilies, onions, canned food, toilet paper and soap.
Maria, 18, runs a grocery store in the sugar-cane growing community of Corrales, Mexico. Her parents opened the store in their home six years ago. The store grew little by little, and Maria now runs it on her own.
Maria was not able to finish school, and she is happy to run her own business. She wakes up every day to open the store at 8 a.m., and she doesn’t close until the last customer is gone. Thanks to her family’s support and teamwork, Maria has a successful business which has helped the whole family to buy essential goods.
A loan from World Vision will allow her to increase her inventory of items such as beans, rice, cooking oil, flour, mixes, table salt, sugar, cookies, candy, soda, tomatoes, chilies, onions, canned food, toilet paper and soap. She wants to have enough merchandise on hand so people can easily find and buy what they need.
Maria wants to continue investing in her business because it is profitable and allows her to have steady work without needing to move away. She also will use her increased income to help cover her family’s expenses.
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 Maria Del Carmen Alvarez Martinez to expand her food, retail and grocery business. After receiving the loan from World Vision, she invested the $475 to buy beans, rice, cooking oil, flour, mixes, table salt, sugar, cookies, candy, soda, tomatoes, chilies, onions, canned food, toilet paper and soap. Maria Del Carmen has been repaying her loan on time with her new profits. She makes weekly payments of $29.
In addition to repaying her loan, Maria Del Carmen is using additional income to buy supplies in bulk and expand the current business.
Thank you for supporting Maria Del Carmen and World Vision Micro!
Thank you for supporting the business loan for Maria Del Carmen Alvarez Martinez to expand her grocery business. She invested her loan of $475 to buy beans, rice, cooking oil, flour, mixes, table salt, sugar, cookies, candy, soda, tomatoes, chilies, onions, canned food, toilet paper and soap.
Maria Del Carmen has now repaid her loan in full. In addition to repaying her loan, Maria Del Carmen has used her income to buy more supplies.
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 her home 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.
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